Visioneering Technologies Inc
Visioneering Technologies, Inc., a medical device company, engages in the design, manufacture, sale, and distribution of contact lenses in North America, Europe, and the Asia-Pacific. Its flagship product is NaturalVue, a multifocal 1-day contact lens for adults with presbyopia and children with myopia. The company was incorporated in 2008 and is headquartered in Alpharetta, Georgia.
Visioneering Technologies Inc - Asset Resilience Ratio
Visioneering Technologies Inc (VTI) has an Asset Resilience Ratio of 26.73% 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 (2016–2023)
This chart shows how Visioneering Technologies Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Visioneering Technologies Inc'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$3.27 Million | 26.73% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$3.27 Million | 26.73% |
Asset Resilience Insights
- Very High Liquidity: Visioneering Technologies Inc maintains exceptional liquid asset reserves at 26.73% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Visioneering Technologies Inc Industry Peers by Asset Resilience Ratio
Compare Visioneering Technologies Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022 |
Medical Devices | 0.01% |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223 |
Medical Devices | 0.26% |
|
Double Medical Technology Inc
SHE:002901 |
Medical Devices | 7.79% |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932 |
Medical Devices | 6.64% |
|
Shinhung
KO:004080 |
Medical Devices | 4.17% |
|
UMediC Group Berhad
KLSE:0256 |
Medical Devices | 1.48% |
|
Osang Healthcare Co.,Ltd
KQ:036220 |
Medical Devices | 9.34% |
|
HansBiomed Corporation
KQ:042520 |
Medical Devices | 9.13% |
Annual Asset Resilience Ratio for Visioneering Technologies Inc (2016–2023)
The table below shows the annual Asset Resilience Ratio data for Visioneering Technologies Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 12.46% | AU$1.40 Million | AU$11.21 Million | -41.95pp |
| 2022-12-31 | 54.41% | AU$4.96 Million | AU$9.11 Million | -19.25pp |
| 2021-12-31 | 73.66% | AU$10.98 Million | AU$14.91 Million | +25.37pp |
| 2020-12-31 | 48.29% | AU$2.41 Million | AU$4.99 Million | +15.37pp |
| 2019-12-31 | 32.92% | AU$1.92 Million | AU$5.83 Million | -57.73pp |
| 2018-12-31 | 90.64% | AU$7.28 Million | AU$8.03 Million | +72.43pp |
| 2016-12-31 | 18.22% | AU$5.67 Million | AU$31.14 Million | -- |