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. See how liquid is National Tyre & Wheel Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see National Tyre & Wheel Limited (N37) total assets.
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. Explore National Tyre & Wheel Limited strategic investment ratio to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179 |
Auto Parts | 0.82% |
|
Qingdao Doublestar Co Ltd
SHE:000599 |
Auto Parts | 0.00% |
|
Kumho Tire
KO:073240 |
Auto Parts | 0.54% |
|
Jiangyin Haida Rubber and Plastic Co Ltd Class A
SHE:300320 |
Auto Parts | 3.44% |
|
Steel Strips Wheels Limited
NSE:SSWL |
Auto Parts | 0.13% |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998 |
Auto Parts | 1.49% |
|
Chengdu Xiling Power Science & Technology Incorporated Co Class A
SHE:300733 |
Auto Parts | 0.87% |
|
Jee Technology Co. Ltd. A
SHG:688162 |
Auto Parts | 3.22% |
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 |
-- |
| 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. It offers truck and bus tires; 4WD, SUV, and light truck tires; agricultural, off-the-road, and construction vehicles tires; 4WD wheels; wheel and tire management solutions for industrial vehicles and forklifts; origin… Read more