VIP Gloves Ltd
VIP Gloves Limited, together with its subsidiaries, engages in the manufacture and sale of nitrile gloves in Malaysia and Australia. Its nitrile disposable gloves are used in medical and healthcare, food and beverages, electronics, manufacturing industries, etc. The company was formerly known as Voltage IP Limited and changed its name to VIP Gloves Limited in November 2018. VIP Gloves Limited was… Read more
VIP Gloves Ltd - Asset Resilience Ratio
VIP Gloves Ltd (VIP) has an Asset Resilience Ratio of 9.53% as of June 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2023)
This chart shows how VIP Gloves Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down VIP Gloves Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$704.86K | 9.53% |
| Total Liquid Assets | AU$704.86K | 9.53% |
Asset Resilience Insights
- Limited Liquidity: VIP Gloves Ltd maintains only 9.53% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
VIP Gloves Ltd Industry Peers by Asset Resilience Ratio
Compare VIP Gloves Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF |
Specialty Chemicals | 2.16% |
|
YeSUN Tech Co.Ltd.
KQ:250930 |
Specialty Chemicals | 2.89% |
|
Hangzhou Flariant Co Ltd
SHG:605566 |
Specialty Chemicals | 0.27% |
|
Samhwa Paint
KO:000390 |
Specialty Chemicals | 0.11% |
|
DL Holdings CO. LTD.
KO:000210 |
Specialty Chemicals | 0.30% |
|
Norooholdings
KO:000320 |
Specialty Chemicals | 6.58% |
|
Noroo Holdings Co Ltd
KO:000325 |
Specialty Chemicals | 6.58% |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565 |
Specialty Chemicals | 45.03% |
Annual Asset Resilience Ratio for VIP Gloves Ltd (2000–2023)
The table below shows the annual Asset Resilience Ratio data for VIP Gloves Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 9.53% | AU$704.86K | AU$7.39 Million | +5.54pp |
| 2022-06-30 | 3.99% | AU$842.12K | AU$21.10 Million | +1.07pp |
| 2021-06-30 | 2.93% | AU$792.88K | AU$27.10 Million | +0.48pp |
| 2020-06-30 | 2.44% | AU$505.68K | AU$20.70 Million | +0.37pp |
| 2019-06-30 | 2.08% | AU$357.84K | AU$17.23 Million | +0.37pp |
| 2018-06-30 | 1.71% | AU$343.67K | AU$20.13 Million | +0.25pp |
| 2017-06-30 | 1.45% | AU$260.84K | AU$17.95 Million | +0.77pp |
| 2016-06-30 | 0.68% | AU$112.40K | AU$16.48 Million | +0.62pp |
| 2002-06-30 | 0.06% | AU$9.00K | AU$13.89 Million | -18.62pp |
| 2001-06-30 | 18.68% | AU$3.49 Million | AU$18.70 Million | -19.28pp |
| 2000-06-30 | 37.96% | AU$4.95 Million | AU$13.03 Million | -- |