AIRA Factoring Public Company Limited - Asset Resilience Ratio

Latest as of December 2023: 3.91%

AIRA Factoring Public Company Limited (AF) has an Asset Resilience Ratio of 3.91% 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 AIRA Factoring Public Company Limited (AF) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

฿97.88 Million
≈ $3.05 Million USD Cash + Short-term Investments

Total Assets

฿2.50 Billion
≈ $78.06 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2022–2023)

This chart shows how AIRA Factoring Public Company Limited's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of AIRA Factoring Public Company Limited.

Liquid Assets Composition Over Time

This chart breaks down AIRA Factoring Public Company Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read AIRA Factoring Public Company Limited total liabilities for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ฿0.00 0%
Short-term Investments ฿97.88 Million 3.91%
Total Liquid Assets ฿97.88 Million 3.91%

Asset Resilience Insights

  • Limited Liquidity: AIRA Factoring Public Company Limited maintains only 3.91% 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.

AIRA Factoring Public Company Limited Industry Peers by Asset Resilience Ratio

Compare AIRA Factoring Public Company Limited's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Oportun Financial Corp
NASDAQ:OPRT
Credit Services 0.00%
Gentera S.A.B. de C.V
MX:GENTERA
Credit Services 0.95%
Krungthai Card Public Company Limited
BK:KTC-R
Credit Services 0.00%
Peninsula Group Ltd
TA:PEN
Credit Services 1.01%
OppFi Inc
NYSE:OPFI
Credit Services 6.56%
Pioneer Credit Ltd
AU:PNC
Credit Services 32.27%
Blender Financial Technologies Ltd
TA:BLND
Credit Services 1.42%
ZIP Co Ltd
AU:ZIP
Credit Services 0.13%

Annual Asset Resilience Ratio for AIRA Factoring Public Company Limited (2022–2023)

The table below shows the annual Asset Resilience Ratio data for AIRA Factoring Public Company Limited.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 3.91% ฿97.88 Million
≈ $3.05 Million
฿2.50 Billion
≈ $78.06 Million
+1.01pp
2022-12-31 2.90% ฿69.13 Million
≈ $2.15 Million
฿2.38 Billion
≈ $74.32 Million
--
pp = percentage points

About AIRA Factoring Public Company Limited

BK:AF Thailand Credit Services
Market Cap
$20.95 Million
฿672.00 Million THB
Market Cap Rank
#25057 Global
#485 in Thailand
Share Price
฿0.42
Change (1 day)
+7.69%
52-Week Range
฿0.27 - ฿0.45
All Time High
฿1.48
About

AIRA Factoring Public Company Limited provides receivable factoring services in Thailand. It offers factoring, supplier financing, long-term, and promissory note loans; and e-factoring and online factoring services. The company was formerly known as Dhanamitr Factoring PLC and changed its name to AIRA Factoring Public Company Limited in September 2011. AIRA Factoring Public Company Limited was in… Read more