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

≈ $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. Check Argent (ART) strategic investment index to assess the company's strategic physical and investment asset allocation.

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 stock valuation.

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
APL Apollo Tubes Limited NSE:APLAPOLLO	Steel	14.17%
Nanjing Iron & Steel Co Ltd SHG:600282	Steel	1.85%
Godawari Power And Ispat limited NSE:GPIL	Steel	16.56%
Bengang Steel Plates Co Ltd SHE:000761	Steel	0.71%
Tianjin You Fa Steel Pipe Group Stock Co Ltd SHG:601686	Steel	0.64%
BCI Minerals Ltd AU:BCI	Steel	6.70%
Shengtak New Material Co Ltd SHE:300881	Steel	3.26%
Invercap SN:INVERCAP	Steel	0.00%

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

$114.40 Million

ZAC215.27 Billion ZAC

Market Cap Rank

#18693 Global

#142 in South Africa

Share Price

ZAC4050.00

Change (1 day)

+3.85%

52-Week Range

ZAC2750.00 - ZAC4080.00

All Time High

ZAC4080.00