Abits Group Inc. Asset Resilience Ratio
Abits Group Inc. asset resilience ratio. Abits Group Inc. (ABTS) has an Asset Resilience Ratio of 0.67% as of June 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 defensive interval ratio of Abits Group Inc. to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Abits Group Inc. (None–None)
Asset resilience ratio of Abits Group Inc. from None to None. This chart shows how Abits Group Inc.'s Asset Resilience Ratio has changed over time. Read debt load of Abits Group Inc. for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Abits Group Inc.'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 Abits Group Inc. assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $141.52K | 0.67% |
| Total Liquid Assets | $141.52K | 0.67% |
Asset Resilience Insights
- Limited Liquidity: Abits Group Inc. maintains only 0.67% 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.
Abits Group Inc. Industry Peers by Asset Resilience Ratio
Compare Abits Group Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Xiangcai Co Ltd
SHG:600095 |
Capital Markets | 15.52% |
|
Flow Traders BV
AS:FLOW |
Capital Markets | 0.04% |
|
Canaccord Genuity Group Inc
TO:CF |
Capital Markets | 34.74% |
|
Nitratos de Chile SA
SN:NITRATOS |
Capital Markets | 0.00% |
|
COG Financial Services Ltd
AU:COG |
Capital Markets | 16.35% |
|
Bookook Sec
KO:001270 |
Capital Markets | 1.00% |
|
Prime Securities Limited
NSE:PRIMESECU |
Capital Markets | 1.98% |
|
Atlas Menkul Kiymetler Yatirim Ortakligi AS
IS:ATLAS |
Capital Markets | 53.89% |
Abits Group Inc. Asset Resilience Ratio by Year (None–None)
Abits Group Inc. asset resilience ratio by year from None to None. The table below shows the annual Asset Resilience Ratio data for Abits Group Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||
About Abits Group Inc.
Abits Group Inc., through its subsidiary, operates in the bitcoin mining business in the United States. It owns and operates mining facilities that provides mining operations and colocation hosting services. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Causeway Bay, Hong Kong.