Bytes Technology Ltd - Asset Resilience Ratio

Latest as of August 2023: -1.00%

Bytes Technology Ltd (BYIT) has an Asset Resilience Ratio of -1.00% as of August 2023. 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

GBX-3.02 Million

≈ $-367.45 USD Cash + Short-term Investments

Total Assets

GBX303.33 Million

≈ $36.91K USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2024–2024)

This chart shows how Bytes Technology Ltd's Asset Resilience Ratio has changed over time. Check BYIT strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets Composition Over Time

This chart breaks down Bytes Technology 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 Bytes Technology Ltd stock valuation.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	GBX0.00	0%
Short-term Investments	GBX-3.02 Million	-1.0%
Total Liquid Assets	GBX-3.02 Million	-1.00%

Asset Resilience Insights

Limited Liquidity: Bytes Technology Ltd maintains only -1.00% 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.

Bytes Technology Ltd Industry Peers by Asset Resilience Ratio

Compare Bytes Technology Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
NortonLifeLock Inc F:SYM	Software - Infrastructure	0.00%
Dropbox Inc NASDAQ:DBX	Software - Infrastructure	5.04%
TIZA Information Industry Corporation Inc SHE:300209	Software - Infrastructure	0.25%
Remitly Global Inc NASDAQ:RELY	Software - Infrastructure	25.34%
Topsec Technologies Group Inc SHE:002212	Software - Infrastructure	0.15%
IXUP Ltd AU:IXU	Software - Infrastructure	0.74%
Plurilock Security Inc V:PLUR	Software - Infrastructure	1.42%
TENET FINTECH GROUP INC. F:P0T	Software - Infrastructure	0.00%

Annual Asset Resilience Ratio for Bytes Technology Ltd (2024–2024)

The table below shows the annual Asset Resilience Ratio data for Bytes Technology Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2024-02-29	0.71%	GBX2.69 Million ≈ $327.17	GBX379.72 Million ≈ $46.20K	--

pp = percentage points

About Bytes Technology Ltd

LSE:BYIT UK Software - Infrastructure

Market Cap

$11.80 Million

GBX96.97 Billion GBX

Market Cap Rank

#26628 Global

#329 in UK

Share Price

GBX416.20

Change (1 day)

+1.96%

52-Week Range

GBX253.60 - GBX427.20

All Time High

GBX633.05