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. Read N37 liabilities breakdown for a breakdown of total debt and financial obligations.
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 book value and equity for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179 |
Auto Parts | 0.82% |
|
Ningbo Huaxiang Electronic Co Ltd
SHE:002048 |
Auto Parts | 0.02% |
|
Hunan Oil Pump
SHG:603319 |
Auto Parts | 0.30% |
|
Streamax Technology Co Ltd
SHE:002970 |
Auto Parts | 0.02% |
|
Ningbo Kbe Electrical Technology Co
SHE:300863 |
Auto Parts | 0.63% |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333 |
Auto Parts | 0.01% |
|
Chengdu Haoneng Tech Co Ltd
SHG:603809 |
Auto Parts | 1.02% |
|
United Faith Auto-Engineering Co. Ltd.
SHE:301112 |
Auto Parts | 28.08% |
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