Global Tax Free Co. Ltd Asset Resilience Ratio
Global Tax Free Co. Ltd asset resilience ratio. Global Tax Free Co. Ltd (204620) has an Asset Resilience Ratio of 1.34% as of June 2025. 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 operational self-sufficiency of Global Tax Free Co. Ltd to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Global Tax Free Co. Ltd (2016–2024)
Asset resilience ratio of Global Tax Free Co. Ltd from 2016 to 2024. This chart shows how Global Tax Free Co. Ltd's Asset Resilience Ratio has changed over time. Read Global Tax Free Co. Ltd total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Global Tax Free Co. Ltd'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 204620 current and non-current assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 0% |
| Short-term Investments | ₩2.56 Billion | 1.34% |
| Total Liquid Assets | ₩2.56 Billion | 1.34% |
Asset Resilience Insights
- Limited Liquidity: Global Tax Free Co. Ltd maintains only 1.34% 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.
Global Tax Free Co. Ltd Industry Peers by Asset Resilience Ratio
Compare Global Tax Free Co. Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Diversified Royalty Corp
TO:DIV |
Specialty Business Services | 0.75% |
|
Votum SA
WAR:VOT |
Specialty Business Services | 3.88% |
|
GKW Limited
NSE:GKWLIMITED |
Specialty Business Services | 8.22% |
|
Energy Action Ltd
AU:EAX |
Specialty Business Services | 7.15% |
|
SSH Group Ltd
AU:SSH |
Specialty Business Services | 9.71% |
|
Brambles Ltd
AU:BXB |
Specialty Business Services | 1.84% |
|
Smartgroup Corporation Ltd
AU:SIQ |
Specialty Business Services | 6.11% |
|
Mader Group Ltd
AU:MAD |
Specialty Business Services | 4.89% |
Global Tax Free Co. Ltd Asset Resilience Ratio by Year (2016–2024)
Global Tax Free Co. Ltd asset resilience ratio by year from 2016 to 2024. The table below shows the annual Asset Resilience Ratio data for Global Tax Free Co. Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 19.48% | ₩34.00 Billion ≈ $23.04 Million |
₩174.54 Billion ≈ $118.28 Million |
-4.36pp |
| 2023-12-31 | 23.84% | ₩39.80 Billion ≈ $26.97 Million |
₩166.93 Billion ≈ $113.13 Million |
-25.79pp |
| 2022-12-31 | 49.63% | ₩72.14 Billion ≈ $48.89 Million |
₩145.36 Billion ≈ $98.51 Million |
+4.76pp |
| 2021-12-31 | 44.87% | ₩58.32 Billion ≈ $39.52 Million |
₩129.99 Billion ≈ $88.09 Million |
+4.23pp |
| 2020-12-31 | 40.64% | ₩43.27 Billion ≈ $29.32 Million |
₩106.47 Billion ≈ $72.15 Million |
-14.96pp |
| 2019-12-31 | 55.59% | ₩70.35 Billion ≈ $47.67 Million |
₩126.54 Billion ≈ $85.75 Million |
-12.79pp |
| 2018-12-31 | 68.39% | ₩76.70 Billion ≈ $51.98 Million |
₩112.17 Billion ≈ $76.01 Million |
+7.40pp |
| 2017-12-31 | 60.98% | ₩46.31 Billion ≈ $31.39 Million |
₩75.95 Billion ≈ $51.47 Million |
-38.41pp |
| 2016-12-31 | 99.39% | ₩13.03 Billion ≈ $8.83 Million |
₩13.11 Billion ≈ $8.88 Million |
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About Global Tax Free Co. Ltd
Global Tax Free Co., Ltd. operates as tax refund company for foreign tourists in South Korea, Singapore, Japan, and France. The company offers electronic tax refund system; and marketing services for clients and merchants. It also engages in the manufacturing and online and offline sales of cosmetics; and construction and sales of IT. The company was formerly known as TAX FREE KOREA CO., LTD. and… Read more