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. See ART working capital ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see total assets of Argent.

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. Read ART liabilities breakdown for a breakdown of total debt and financial obligations.

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
Inner Mongolia Dazhong Mining Co Ltd SHE:001203	Steel	0.00%
Grupo Simec S.A.B. de C.V MX:SIMECB	Steel	0.00%
Borusan Yatirim ve Pazarlama AS IS:BRYAT	Steel	0.86%
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D IS:KRDMD	Steel	0.21%
Xinjiang Ba Yi Iron & Steel Co Ltd SHG:600581	Steel	0.00%
Seah Steel Corp KO:003030	Steel	0.70%
Seah Steel Corp KO:306200	Steel	1.15%
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

$111.30 Million

ZAC209.42 Billion ZAC

Market Cap Rank

#18904 Global

#142 in South Africa

Share Price

ZAC3940.00

Change (1 day)

-0.68%

52-Week Range

ZAC2781.00 - ZAC4191.00

All Time High

ZAC4191.00