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.
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. Compare with other companies' asset resilience ratios.
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.
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 |
|---|---|---|
|
Shenzhen Agricultural Products Co Ltd
SHE:000061 |
Food Distribution | 0.00% |
|
Jinzi Ham Co Ltd
SHE:002515 |
Food Distribution | 2.08% |
|
Maiquer Group Co Ltd
SHE:002719 |
Food Distribution | 0.14% |
|
Dongwon Ind
KO:006040 |
Food Distribution | 3.24% |
|
SCC Holdings Bhd
KLSE:0158 |
Food Distribution | 25.86% |
|
Dongsuh
KO:026960 |
Food Distribution | 40.07% |
|
Farm Price Holdings Berhad
KLSE:0304 |
Food Distribution | 22.79% |
|
Carzo Holdings Bhd
KLSE:03048 |
Food Distribution | 50.44% |
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 | ZAC107.67 Billion | -0.47pp |
| 2023-06-30 | 0.23% | ZAC241.00 Million | ZAC106.64 Billion | -9.30pp |
| 2022-06-30 | 9.52% | ZAC7.58 Billion | ZAC79.57 Billion | -2.42pp |
| 2021-06-30 | 11.94% | ZAC8.27 Billion | ZAC69.21 Billion | +1.92pp |
| 2020-06-30 | 10.03% | ZAC7.18 Billion | ZAC71.60 Billion | +0.90pp |
| 2019-06-30 | 9.13% | ZAC5.93 Billion | ZAC64.93 Billion | -0.75pp |
| 2018-06-30 | 9.88% | ZAC6.12 Billion | ZAC61.93 Billion | -2.05pp |
| 2017-06-30 | 11.93% | ZAC6.49 Billion | ZAC54.45 Billion | -- |
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