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 working capital position of Veem Ltd to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2020)
This chart shows how Veem Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Veem Ltd (VEE) total assets.
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. Read how much debt does Veem Ltd carry for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Hanwha Aerospace Co Ltd
KO:012450 |
Aerospace & Defense | 3.60% |
|
Bombardier Inc
TO:BBD-A |
Aerospace & Defense | 0.59% |
|
V2X Inc
NYSE:VVX |
Aerospace & Defense | 5.64% |
|
AECC Aero Science and Technology Co Ltd
SHG:600391 |
Aerospace & Defense | 5.45% |
|
Jiangxi Xinyu Guoke Technology Co Ltd Class A
SHE:300722 |
Aerospace & Defense | 5.72% |
|
Firan Technology Group Corporation
TO:FTG |
Aerospace & Defense | 5.93% |
|
Electro Optic Systems Holdings Ltd
AU:EOS |
Aerospace & Defense | 28.53% |
|
Austal Ltd
AU:ASB |
Aerospace & Defense | 0.54% |
Annual Asset Resilience Ratio for Veem Ltd (2016–2020)
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 |
-- |
About Veem Ltd
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