Prime Financial Group Ltd Asset Resilience Ratio
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 PFG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Prime Financial Group Ltd (2017–2021)
Asset resilience ratio of Prime Financial Group Ltd from 2017 to 2021. This chart shows how Prime Financial Group Ltd's Asset Resilience Ratio has changed over time. Read PFG current and long-term liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see balance sheet size of Prime Financial Group Ltd.
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 |
|---|---|---|
|
Nuveen Variable Rate Preferred & Income Fund
NYSE:NPFD |
Asset Management | 46.19% |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI |
Asset Management | 0.09% |
|
Angel Oak Financial Strategies Income Term Trust
NYSE:FINS |
Asset Management | -31.09% |
|
Sprott Physical Gold Trust
TO:PHYS |
Asset Management | 99.78% |
|
Industrivarden AB ser. C
ST:INDU-C |
Asset Management | 0.16% |
|
Julius Baer Gruppe AG
SW:BAER |
Asset Management | 15.49% |
|
HDFC Asset Management Company Limited
NSE:HDFCAMC |
Asset Management | 0.30% |
|
Nippon Life India Asset Management Limited
NSE:NAM-INDIA |
Asset Management | 5.50% |
Prime Financial Group Ltd Asset Resilience Ratio by Year (2017–2021)
Prime Financial Group Ltd asset resilience ratio by year from 2017 to 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