Prime Financial Group Ltd - Asset Resilience Ratio
Prime Financial Group Ltd (PFG) has an Asset Resilience Ratio of -1.15% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See Prime Financial Group Ltd (PFG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2021)
This chart shows how Prime Financial Group Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Prime Financial Group Ltd (PFG) total assets.
Liquid Assets Composition Over Time
This chart breaks down Prime Financial Group Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore investment intensity of Prime Financial Group Ltd to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$-797.99K | -1.15% |
| Total Liquid Assets | AU$-797.99K | -1.15% |
Asset Resilience Insights
- Limited Liquidity: Prime Financial Group Ltd maintains only -1.15% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Prime Financial Group Ltd Industry Peers by Asset Resilience Ratio
Compare Prime Financial Group Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Bajaj Holdings & Investment Limited
NSE:BAJAJHLDNG |
Asset Management | 1.12% |
|
Nippon Life India Asset Management Limited
NSE:NAM-INDIA |
Asset Management | 5.50% |
|
KBC Ancora
BR:KBCA |
Asset Management | 1.63% |
|
Sofina Société Anonyme
BR:SOF |
Asset Management | 4.11% |
|
WisdomTree Inc.
NYSE:WT |
Asset Management | 2.29% |
|
Sprott Inc.
TO:SII |
Asset Management | 1.84% |
|
MFF Capital Investments Ltd
AU:MFF |
Asset Management | 93.74% |
|
BlackRock Science and Technology Trust II
NYSE:BSTZ |
Asset Management | 1.69% |
Annual Asset Resilience Ratio for Prime Financial Group Ltd (2017–2021)
The table below shows the annual Asset Resilience Ratio data for Prime Financial Group Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-06-30 | 1.97% | AU$1.15 Million ≈ $812.07K |
AU$58.29 Million ≈ $41.24 Million |
+0.02pp |
| 2020-06-30 | 1.95% | AU$1.15 Million ≈ $813.39K |
AU$58.90 Million ≈ $41.68 Million |
+1.58pp |
| 2019-06-30 | 0.38% | AU$208.79K ≈ $147.73K |
AU$55.52 Million ≈ $39.28 Million |
-1.45pp |
| 2018-06-30 | 1.82% | AU$1.10 Million ≈ $779.87K |
AU$60.50 Million ≈ $42.81 Million |
+0.84pp |
| 2017-06-30 | 0.98% | AU$624.29K ≈ $441.72K |
AU$63.56 Million ≈ $44.97 Million |
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About Prime Financial Group Ltd
Prime Financial Group Limited provides wealth management, corporate finance, self-managed superannuation fund (SMSF), accounting and business, and ESG advisory services in Australia. It operates through two segments: Wealth, and Business. The company offers accounting and business advisory services, such as accounting and tax compliance, business growth advisory and strategy, outsourced CFO and a… Read more