Bid Corporation Ltd - Asset Resilience Ratio
Bid Corporation Ltd (BID) has an Asset Resilience Ratio of -0.25% as of June 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. Check BID strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2024)
This chart shows how Bid Corporation Ltd's Asset Resilience Ratio has changed over time. See BID equity to assets ratio to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Bid Corporation Ltd'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 Bid Corporation Ltd (BID) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ZAC0.00 | 0% |
| Short-term Investments | ZAC-265.23 Million | -0.25% |
| Total Liquid Assets | ZAC-265.23 Million | -0.25% |
Asset Resilience Insights
- Limited Liquidity: Bid Corporation Ltd maintains only -0.25% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Bid Corporation Ltd Industry Peers by Asset Resilience Ratio
Compare Bid Corporation Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Zhe Jiang Dong Ri Ltd Co
SHG:600113 |
Food Distribution | 10.21% |
|
Ceres Global Ag Corp
TO:CRP |
Food Distribution | 0.00% |
|
Metcash Ltd
AU:MTS |
Food Distribution | 1.27% |
|
Greenyard NV
BR:GREEN |
Food Distribution | 0.04% |
|
Fountain
BR:FOU |
Food Distribution | 0.00% |
|
Organto Foods Incorporated
V:OGO |
Food Distribution | 0.00% |
|
Eastwood Bio-Medical Canada Inc
V:EBM |
Food Distribution | 14.31% |
|
Century Global Commodities Corp
TO:CNT |
Food Distribution | 4.28% |
Annual Asset Resilience Ratio for Bid Corporation Ltd (2017–2024)
The table below shows the annual Asset Resilience Ratio data for Bid Corporation Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | -0.25% | ZAC-265.23 Million ≈ $-140.96K |
ZAC107.67 Billion ≈ $57.22 Million |
-0.47pp |
| 2023-06-30 | 0.23% | ZAC241.00 Million ≈ $128.08K |
ZAC106.64 Billion ≈ $56.67 Million |
-9.30pp |
| 2022-06-30 | 9.52% | ZAC7.58 Billion ≈ $4.03 Million |
ZAC79.57 Billion ≈ $42.29 Million |
-2.42pp |
| 2021-06-30 | 11.94% | ZAC8.27 Billion ≈ $4.39 Million |
ZAC69.21 Billion ≈ $36.78 Million |
+1.92pp |
| 2020-06-30 | 10.03% | ZAC7.18 Billion ≈ $3.81 Million |
ZAC71.60 Billion ≈ $38.05 Million |
+0.90pp |
| 2019-06-30 | 9.13% | ZAC5.93 Billion ≈ $3.15 Million |
ZAC64.93 Billion ≈ $34.51 Million |
-0.75pp |
| 2018-06-30 | 9.88% | ZAC6.12 Billion ≈ $3.25 Million |
ZAC61.93 Billion ≈ $32.91 Million |
-2.05pp |
| 2017-06-30 | 11.93% | ZAC6.49 Billion ≈ $3.45 Million |
ZAC54.45 Billion ≈ $28.94 Million |
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About Bid Corporation Ltd
Bid Corporation Limited engages in the provision of foodservice solutions in the United Kingdom, Australia, the Netherlands, Italy, New Zealand, Czech Republic, Belgium, South Africa, the People's Republic of China, Hong Kong, and internationally. The company distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, liquor, and ambient goods for the hospitality, insti… Read more