Mincon Group plc - Asset Resilience Ratio
Mincon Group plc (MIO) has an Asset Resilience Ratio of 25.92% as of June 2016. 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 MIO liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2015)
This chart shows how Mincon Group plc's Asset Resilience Ratio has changed over time. See net assets of Mincon Group plc for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Mincon Group plc'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 market value of Mincon Group plc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €30.86 Million | 25.92% |
| Total Liquid Assets | €30.86 Million | 25.92% |
Asset Resilience Insights
- Very High Liquidity: Mincon Group plc maintains exceptional liquid asset reserves at 25.92% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Mincon Group plc Industry Peers by Asset Resilience Ratio
Compare Mincon Group plc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444 |
Tools & Accessories | 4.81% |
|
Keystone Electrical (Zhejiang) Co. Ltd. A
SHE:301448 |
Tools & Accessories | 16.03% |
|
San Shing Fastech Corp
TW:5007 |
Tools & Accessories | 4.61% |
|
Maschinenfabrik HEID AG
VI:HED |
Tools & Accessories | 13.47% |
|
Richelieu Hardware Ltd.
TO:RCH |
Tools & Accessories | 2.09% |
|
Zhejiang XCC Group Co Ltd
SHG:603667 |
Tools & Accessories | 0.55% |
|
Shareate Tools Ltd
SHG:688257 |
Tools & Accessories | 10.15% |
|
Essence Fastening Systems (Shanghai) Co. Ltd.
SHE:301005 |
Tools & Accessories | 5.89% |
Annual Asset Resilience Ratio for Mincon Group plc (2013–2015)
The table below shows the annual Asset Resilience Ratio data for Mincon Group plc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2015-12-31 | 26.21% | €30.78 Million ≈ $35.99 Million |
€117.43 Million ≈ $137.29 Million |
-1.00pp |
| 2014-12-31 | 27.22% | €30.63 Million ≈ $35.81 Million |
€112.54 Million ≈ $131.57 Million |
-14.87pp |
| 2013-12-31 | 42.08% | €40.00 Million ≈ $46.76 Million |
€95.05 Million ≈ $111.12 Million |
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About Mincon Group plc
Mincon Group plc engages in designing, manufacturing, selling, and servicing of rock drilling tools and associated products in Ireland, the Americas, Europe, Australasia, the Middle East, and Africa. The company offers drill rigs and mast attachments for excavators and skid steers; down the hole (DTH) hammers; DTH drill bits for various rock-drilling applications; XP+ rotary drill bits; and const… Read more