Veem Ltd Asset Resilience Ratio

Latest as of June 2024: 0.18%

Veem Ltd asset resilience ratio. Veem Ltd (VEE) has an Asset Resilience Ratio of 0.18% as of June 2024. 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 VEE defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Liquid Assets

AU$170.56K
≈ $120.68K USD Cash + Short-term Investments

Total Assets

AU$93.97 Million
≈ $66.49 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Veem Ltd (2016–2020)

Asset resilience ratio of Veem Ltd from 2016 to 2020. This chart shows how Veem Ltd's Asset Resilience Ratio has changed over time. Read Veem Ltd (VEE) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Veem 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 VEE total assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$170.56K 0.18%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$170.56K 0.18%

Asset Resilience Insights

  • Limited Liquidity: Veem Ltd maintains only 0.18% 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.

Veem Ltd Industry Peers by Asset Resilience Ratio

Compare Veem Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Airbus Group SE
PA:AIR
Aerospace & Defense 2.16%
ROLLS ROYCE H.ADR/ LS-20
F:RRU1
Aerospace & Defense 0.04%
China CSSC Holdings Ltd
SHG:600150
Aerospace & Defense 0.00%
China Shipbuilding Industry Co Ltd
SHG:601989
Aerospace & Defense 0.01%
Exail Technologies S.A.
PA:EXA
Aerospace & Defense 0.18%
Rolls-Royce Holdings PLC
LSE:RR
Aerospace & Defense 0.03%
North Long Dragon New Materials Technology Co. Ltd. A
SHE:301357
Aerospace & Defense 13.47%
Chengdu ALD Aviation Manufacturing Corp
SHE:300696
Aerospace & Defense 19.35%

Veem Ltd Asset Resilience Ratio by Year (2016–2020)

Veem Ltd asset resilience ratio by year from 2016 to 2020. The table below shows the annual Asset Resilience Ratio data for Veem Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2020-06-30 5.50% AU$3.62 Million
≈ $2.56 Million
AU$65.81 Million
≈ $46.56 Million
-0.14pp
2019-06-30 5.63% AU$2.87 Million
≈ $2.03 Million
AU$51.01 Million
≈ $36.10 Million
+5.04pp
2018-06-30 0.59% AU$304.71K
≈ $215.60K
AU$51.71 Million
≈ $36.59 Million
--
2017-06-30 0.00% AU$0.00
≈ $0.00
AU$44.18 Million
≈ $31.26 Million
--
2016-06-30 0.00% AU$0.00
≈ $0.00
AU$36.98 Million
≈ $26.16 Million
--
pp = percentage points

About Veem Ltd

AU:VEE Australia Aerospace & Defense
Market Cap
$51.92 Million
AU$73.37 Million AUD
Market Cap Rank
#21558 Global
#730 in Australia
Share Price
AU$0.50
Change (1 day)
+2.04%
52-Week Range
AU$0.45 - AU$1.34
All Time High
AU$1.98
About

VEEM Ltd engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia. It offers gyrostabilizers; CNC machined monobloc propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest propellers, shaft lines, and marine ride control fins. In addition, it offers bespoke engineered products and services … Read more