Argent

JSE:ART South Africa Steel
Market Cap
$94.95 Million
ZAC178.67 Billion ZAC
Market Cap Rank
#36195 Global
#121 in South Africa
Share Price
ZAC3339.00
Change (1 day)
+0.85%
52-Week Range
ZAC2472.00 - ZAC3419.00
All Time High
ZAC3419.00
About

Argent Industrial Limited manufactures and trades in steel and steel-related products in South Africa, Asia, the Middle East, Australia, New Zealand, North America, South America, rest of Africa, the United Kingdom, rest of Europe, and internationally. The company offers security gates, burglar bars, roller shutters, sectional doors, and expanding barriers; custom-made adjustable louvre shutters;… Read more

Argent - Asset Resilience Ratio

Latest as of March 2024: 0.07%

Argent (ART) has an Asset Resilience Ratio of 0.07% as of March 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.

Liquid Assets
ZAC1.73 Million
Cash + Short-term Investments
Total Assets
ZAC2.51 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2024)

This chart shows how Argent's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Argent's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ZAC0.00 0%
Short-term Investments ZAC1.73 Million 0.07%
Total Liquid Assets ZAC1.73 Million 0.07%

Asset Resilience Insights

  • Limited Liquidity: Argent maintains only 0.07% 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.

Argent Industry Peers by Asset Resilience Ratio

Compare Argent's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
365330
KQ:365330
Steel 14.10%
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
Steel -0.25%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Sgis Songshan Co Ltd
SHE:000717
Steel 4.93%
Bengang Steel Plates Co Ltd
SHE:000761
Steel 0.71%
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
Steel 0.00%
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
Steel -0.16%
Jiangsu Fasten Co Ltd
SHE:000890
Steel 16.91%

Annual Asset Resilience Ratio for Argent (2017–2024)

The table below shows the annual Asset Resilience Ratio data for Argent.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-03-31 0.07% ZAC1.73 Million ZAC2.51 Billion -0.01pp
2023-03-31 0.08% ZAC1.80 Million ZAC2.16 Billion +0.04pp
2022-03-31 0.05% ZAC916.00K ZAC1.98 Billion -0.04pp
2021-03-31 0.08% ZAC1.38 Million ZAC1.69 Billion -0.16pp
2020-03-31 0.24% ZAC3.82 Million ZAC1.58 Billion +0.06pp
2019-03-31 0.18% ZAC2.60 Million ZAC1.41 Billion -0.22pp
2018-03-31 0.40% ZAC5.41 Million ZAC1.34 Billion +0.11pp
2017-03-31 0.29% ZAC4.98 Million ZAC1.73 Billion --
pp = percentage points