National Tyre & Wheel Limited - Asset Resilience Ratio
National Tyre & Wheel Limited (N37) has an Asset Resilience Ratio of 0.05% 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. Check National Tyre & Wheel Limited (N37) strategic investment index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2024)
This chart shows how National Tyre & Wheel Limited's Asset Resilience Ratio has changed over time. See National Tyre & Wheel Limited (N37) balance sheet quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down National Tyre & Wheel Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see N37 market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €221.00K | 0.05% |
| Total Liquid Assets | €221.00K | 0.05% |
Asset Resilience Insights
- Limited Liquidity: National Tyre & Wheel Limited maintains only 0.05% 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.
National Tyre & Wheel Limited Industry Peers by Asset Resilience Ratio
Compare National Tyre & Wheel Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Continental Aktiengesellschaft
F:CON |
Auto Parts | 0.38% |
|
Balkrishna Industries Limited
NSE:BALKRISIND |
Auto Parts | 8.16% |
|
Qingdao Sentury Tire Co Ltd
SHE:002984 |
Auto Parts | 3.38% |
|
Zhejiang Jingu Co Ltd
SHE:002488 |
Auto Parts | 2.82% |
|
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
SHE:002284 |
Auto Parts | 17.18% |
|
Zhejiang Dehong Automotive
SHG:603701 |
Auto Parts | 0.65% |
|
Shanghai Yanpu Metal Products Co Ltd
SHG:605128 |
Auto Parts | 4.62% |
|
Fuxin Dare Automotive Parts Co Ltd
SHE:300473 |
Auto Parts | -1.50% |
Annual Asset Resilience Ratio for National Tyre & Wheel Limited (2017–2024)
The table below shows the annual Asset Resilience Ratio data for National Tyre & Wheel Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 0.05% | €221.00K ≈ $258.37K |
€413.10 Million ≈ $482.95 Million |
+0.01pp |
| 2023-06-30 | 0.04% | €151.00K ≈ $176.53K |
€376.05 Million ≈ $439.64 Million |
-0.01pp |
| 2021-06-30 | 0.05% | €140.00K ≈ $163.67K |
€268.44 Million ≈ $313.83 Million |
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| 2017-06-30 | 0.00% | €0.00 ≈ $0.00 |
€102.41 Million ≈ $119.73 Million |
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About National Tyre & Wheel Limited
NTAW Holdings Limited, together with its subsidiaries, markets and distributes motor vehicle tires, wheels, tubes, and related products in Australia, New Zealand, and South Africa. Its products include truck and bus tires; 4WD, SUV, and light truck tires; agricultural, off-the-road, and construction vehicles tires; 4WD wheels; industrial tires; original equipment tires and wheels; and budget tire… Read more