MQ Technology Bhd Asset Resilience Ratio

Latest as of September 2022: 0.36%

MQ Technology Bhd asset resilience ratio. MQ Technology Bhd (0070) has an Asset Resilience Ratio of 0.36% as of September 2022. 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 how many days can MQ Technology Bhd fund operations to measure how many days the company can operate on defensive assets alone.

Liquid Assets

RM260.00K
≈ $65.28K USD Cash + Short-term Investments

Total Assets

RM71.50 Million
≈ $17.95 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of MQ Technology Bhd (2017–2022)

Asset resilience ratio of MQ Technology Bhd from 2017 to 2022. This chart shows how MQ Technology Bhd's Asset Resilience Ratio has changed over time. Read 0070 current and long-term liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down MQ Technology Bhd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see balance sheet size of MQ Technology Bhd.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents RM0.00 0%
Short-term Investments RM260.00K 0.36%
Total Liquid Assets RM260.00K 0.36%

Asset Resilience Insights

  • Limited Liquidity: MQ Technology Bhd maintains only 0.36% 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.

MQ Technology Bhd Industry Peers by Asset Resilience Ratio

Compare MQ Technology Bhd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Jiangsu Changling Hydraulic Co. Ltd
SHG:605389
Tools & Accessories 14.09%
SF Diamond
SHE:300179
Tools & Accessories 6.82%
Shenzhen Kaizhong Precision Technology Co Ltd
SHE:002823
Tools & Accessories -1.12%
Maschinenfabrik HEID AG
VI:HED
Tools & Accessories 13.47%
Richelieu Hardware Ltd.
TO:RCH
Tools & Accessories 2.09%
Hangzhou Great Star Industrial Co Ltd
SHE:002444
Tools & Accessories 1.00%
Zhejiang XCC Group Co Ltd
SHG:603667
Tools & Accessories 0.10%
Dongguan Yiheda Automation Co. Ltd.
SHE:301029
Tools & Accessories 6.69%

MQ Technology Bhd Asset Resilience Ratio by Year (2017–2022)

MQ Technology Bhd asset resilience ratio by year from 2017 to 2022. The table below shows the annual Asset Resilience Ratio data for MQ Technology Bhd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 0.36% RM260.00K
≈ $65.28K
RM71.50 Million
≈ $17.95 Million
-0.15pp
2021-12-31 0.51% RM260.00K
≈ $65.28K
RM50.85 Million
≈ $12.77 Million
-0.08pp
2019-12-31 0.59% RM260.00K
≈ $65.28K
RM44.09 Million
≈ $11.07 Million
-9.15pp
2018-12-31 9.74% RM5.61 Million
≈ $1.41 Million
RM57.60 Million
≈ $14.46 Million
-0.06pp
2017-12-31 9.80% RM5.45 Million
≈ $1.37 Million
RM55.65 Million
≈ $13.97 Million
--
pp = percentage points

About MQ Technology Bhd

KLSE:0070 Malaysia Tools & Accessories
Market Cap
$2.72 Million
RM10.83 Million MYR
Market Cap Rank
#29637 Global
#957 in Malaysia
Share Price
RM0.05
Change (1 day)
-16.67%
52-Week Range
RM0.05 - RM0.09
All Time High
RM2.65
About

MQ Technology Berhad, an investment holding company, engages in the manufacture and sale of moulds, tools, dies, jigs, and fixtures in Malaysia, Thailand, Ireland, Singapore, and the United States. It designs, develops, and manufactures suspension and progressive tooling, and semiconductor cavity/encapsulation molds for application in hard disk drives and semiconductor industries; and automation … Read more