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 Abits Group Inc. financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (None–None)
This chart shows how Abits Group Inc.'s Asset Resilience Ratio has changed over time. See ABTS equity financing ratio to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see Abits Group Inc. market capitalisation.
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 |
|---|---|---|
|
Banco BTG Pactual S.A.
SA:BPAC11 |
Capital Markets | 11.87% |
|
Washington H Soul Pattinson & Company Ltd
AU:SOL |
Capital Markets | 10.89% |
|
SK Securities Co Ltd Preference Shares
KO:001515 |
Capital Markets | 0.48% |
|
Hanyang Sec
KO:001750 |
Capital Markets | 0.00% |
|
Lang & Schwarz Aktiengesellschaft
XETRA:LUS1 |
Capital Markets | 77.99% |
|
Gryphon Digital Mining Inc.
NASDAQ:GRYP |
Capital Markets | 1.16% |
|
CryptoStar Corp
V:CSTR |
Capital Markets | 0.16% |
|
Cathedra Bitcoin Inc
V:CBIT |
Capital Markets | 17.00% |
Annual Asset Resilience Ratio for Abits Group Inc. (None–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 also provides in-house support 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.