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. See Bytes Technology Ltd (BYIT) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Bytes Technology Ltd asset portfolio.

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. Read BYIT total liabilities for a breakdown of total debt and financial obligations.

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%
C.E. Info Systems Limited NSE:MAPMYINDIA	Software - Infrastructure	24.00%
Razor Labs Ltd TA:RZR	Software - Infrastructure	32.79%
Mogo Inc TO:MOGO	Software - Infrastructure	19.96%
West International AB ST:WPAY	Software - Infrastructure	1.04%
TENET FINTECH GROUP INC. F:P0T	Software - Infrastructure	0.00%
Megaport Ltd AU:MP1	Software - Infrastructure	22.07%
Fineos Corporation Holdings Plc AU:FCL	Software - Infrastructure	17.63%

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

$12.96 Million

GBX106.48 Billion GBX

Market Cap Rank

#26486 Global

#313 in UK

Share Price

GBX457.00

Change (1 day)

+1.56%

52-Week Range

GBX253.60 - GBX457.00

All Time High

GBX633.05