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. Check strategic asset allocation of Prime Financial Group Ltd to assess the company's strategic physical and investment asset allocation.
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. See Prime Financial Group Ltd (PFG) net asset quality to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see Prime Financial Group Ltd (PFG) total market value.
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 |
|---|---|---|
|
A.F.P. Provida
SN:PROVIDA |
Asset Management | 5.53% |
|
Destiny Tech100 Inc.
NYSE:DXYZ |
Asset Management | 45.51% |
|
CI Financial Corp
TO:CIX |
Asset Management | 1.81% |
|
TPG Inc
NASDAQ:TPG |
Asset Management | -0.13% |
|
Argo Investments Ltd
AU:ARG |
Asset Management | 0.46% |
|
A.F.P. Habitat
SN:HABITAT |
Asset Management | 7.59% |
|
Blackrock Multi Sector Income Closed Fund
NYSE:BIT |
Asset Management | 0.55% |
|
Magellan Financial Group Ltd
AU:MFG |
Asset Management | 15.56% |
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