Bytes Technology Ltd - Asset Resilience Ratio
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. Check strategic asset allocation of Bytes Technology Ltd to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2024–2024)
This chart shows how Bytes Technology Ltd's Asset Resilience Ratio has changed over time. See Bytes Technology Ltd (BYIT) balance sheet quality index to measure how much of total assets are equity-financed.
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 (BYIT) total market value.
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% |
|
Feitian Technologies Co Ltd
SHE:300386 |
Software - Infrastructure | 0.01% |
|
Danal Co. Ltd
KQ:064260 |
Software - Infrastructure | 7.83% |
|
Exasol AG
XETRA:EXL |
Software - Infrastructure | 22.94% |
|
Senetas Corporation Ltd
AU:SEN |
Software - Infrastructure | 18.24% |
|
RAIZ Invest Ltd
AU:RZI |
Software - Infrastructure | 1.21% |
|
Mogo Inc
TO:MOGO |
Software - Infrastructure | 19.96% |
|
IXUP Ltd
AU:IXU |
Software - Infrastructure | 0.74% |
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 |
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About Bytes Technology Ltd
Bytes Technology Group plc offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally. The company sells servers, laptops, and other devices; various cloud-based and non-cloud-based licenses; and subscriptions and software assurance products. It also offers externally and internally training and consulting services; cyber security; digital workspace; hybr… Read more