Mincon Group P
Mincon Group plc engages in designing, manufacturing, selling, and servicing of rock drilling tools and associated products in Ireland, the Americas, Europe, Australasia, the Middle East, and Africa. The company offers drill rigs and mast attachments for excavators and skid steers; down the hole (DTH) hammers; DTH drill bits for various rock-drilling applications; XP+ rotary drill bits; and const… Read more
Mincon Group P - Asset Resilience Ratio
Mincon Group P (MCON) has an Asset Resilience Ratio of 25.92% as of June 2016. 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2015)
This chart shows how Mincon Group P's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Mincon Group P's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 0% |
| Short-term Investments | GBX30.86 Million | 25.92% |
| Total Liquid Assets | GBX30.86 Million | 25.92% |
Asset Resilience Insights
- Very High Liquidity: Mincon Group P maintains exceptional liquid asset reserves at 25.92% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Mincon Group P Industry Peers by Asset Resilience Ratio
Compare Mincon Group P's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Cs Holdings
KO:000590 |
Tools & Accessories | 20.70% |
|
Shandong Tengda Fasten Tech
SHE:001379 |
Tools & Accessories | 7.20% |
|
Cheil Grinding
KO:001560 |
Tools & Accessories | 0.07% |
|
Bosun Tools Co Ltd
SHE:002282 |
Tools & Accessories | 4.78% |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322 |
Tools & Accessories | 1.40% |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337 |
Tools & Accessories | 7.92% |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444 |
Tools & Accessories | 4.81% |
|
Zhejiang Zhongjian Technology Co Ltd
SHE:002779 |
Tools & Accessories | 0.00% |
Annual Asset Resilience Ratio for Mincon Group P (2013–2015)
The table below shows the annual Asset Resilience Ratio data for Mincon Group P.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2015-12-31 | 26.21% | GBX30.78 Million | GBX117.43 Million | -1.00pp |
| 2014-12-31 | 27.22% | GBX30.63 Million | GBX112.54 Million | -14.87pp |
| 2013-12-31 | 42.08% | GBX40.00 Million | GBX95.05 Million | -- |