Synalloy Corporation - Asset Resilience Ratio
Synalloy Corporation (ACNT) has an Asset Resilience Ratio of 0.72% as of June 2020. 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. Read Synalloy Corporation (ACNT) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2019)
This chart shows how Synalloy Corporation's Asset Resilience Ratio has changed over time. See Synalloy Corporation (ACNT) net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Synalloy Corporation'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 how much is Synalloy Corporation worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $1.80 Million | 0.72% |
| Total Liquid Assets | $1.80 Million | 0.72% |
Asset Resilience Insights
- Limited Liquidity: Synalloy Corporation maintains only 0.72% 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.
Synalloy Corporation Industry Peers by Asset Resilience Ratio
Compare Synalloy Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Rongsheng Petrochemical Co Ltd
SHE:002493 |
Chemicals | 0.13% |
|
Hoshine Silicon Ind Co Ltd
SHG:603260 |
Chemicals | 0.01% |
|
Youngy Co Ltd
SHE:002192 |
Chemicals | 7.04% |
|
Guizhou Chanhen Chemical Corp
SHE:002895 |
Chemicals | 4.76% |
|
Sinofibers Technology Co Ltd
SHE:300777 |
Chemicals | 21.94% |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150 |
Chemicals | 26.75% |
|
Hunan Boyun New Materials Co Ltd
SHE:002297 |
Chemicals | 1.91% |
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
Annual Asset Resilience Ratio for Synalloy Corporation (2017–2019)
The table below shows the annual Asset Resilience Ratio data for Synalloy Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 1.67% | $4.30 Million | $257.20 Million | +0.39pp |
| 2018-12-31 | 1.29% | $2.94 Million | $228.40 Million | +0.95pp |
| 2017-12-31 | 0.34% | $537.23K | $159.87 Million | -- |
About Synalloy Corporation
Ascent Industries Co. engages in the development, production, and distribution of specialty chemical solutions. It offers surfactants, defoamers, lubricating agents, flame retardants, and specialty intermediates in petroleum-based and bio-based formulations. The company also provides custom manufacturing services, including product development, process optimization, scale-up, and commercial produ… Read more