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. Read Argent balance sheet liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

ZAC1.73 Million

≈ $919.94 USD Cash + Short-term Investments

Total Assets

ZAC2.51 Billion

≈ $1.34 Million USD 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. See ART book value for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see Argent (ART) market capitalisation.

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
CSN Mineração S.A SA:CMIN3	Steel	7.99%
Ternium SA DRC BA:TXR	Steel	6.12%
Qingdao East Steel Tower Stock Co Ltd SHE:002545	Steel	2.57%
Fushun Special Steel Co Ltd SHG:600399	Steel	0.80%
BCI Minerals Ltd AU:BCI	Steel	6.70%
Champion Iron Ltd TO:CIA	Steel	0.00%
Mount Gibson Iron Ltd AU:MGX	Steel	67.29%
Vardhman Special Steels Limited NSE:VSSL	Steel	4.24%

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 ≈ $919.94	ZAC2.51 Billion ≈ $1.34 Million	-0.01pp
2023-03-31	0.08%	ZAC1.80 Million ≈ $958.73	ZAC2.16 Billion ≈ $1.15 Million	+0.04pp
2022-03-31	0.05%	ZAC916.00K ≈ $486.81	ZAC1.98 Billion ≈ $1.05 Million	-0.04pp
2021-03-31	0.08%	ZAC1.38 Million ≈ $732.34	ZAC1.69 Billion ≈ $896.02K	-0.16pp
2020-03-31	0.24%	ZAC3.82 Million ≈ $2.03K	ZAC1.58 Billion ≈ $838.39K	+0.06pp
2019-03-31	0.18%	ZAC2.60 Million ≈ $1.38K	ZAC1.41 Billion ≈ $751.33K	-0.22pp
2018-03-31	0.40%	ZAC5.41 Million ≈ $2.87K	ZAC1.34 Billion ≈ $713.57K	+0.11pp
2017-03-31	0.29%	ZAC4.98 Million ≈ $2.65K	ZAC1.73 Billion ≈ $917.69K	--

pp = percentage points

About Argent

JSE:ART South Africa Steel

Market Cap

$104.57 Million

ZAC196.77 Billion ZAC

Market Cap Rank

#19037 Global

#146 in South Africa

Share Price

ZAC3702.00

Change (1 day)

-1.28%

52-Week Range

ZAC2500.00 - ZAC3750.00

All Time High

ZAC3750.00