Akanda Corp - Asset Resilience Ratio

Latest as of September 2024: -0.19%

Akanda Corp (AKAN) has an Asset Resilience Ratio of -0.19% as of September 2024. 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. Check asset allocation strategy of Akanda Corp to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$-18.72K
Cash + Short-term Investments

Total Assets

$9.97 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Akanda Corp's Asset Resilience Ratio has changed over time. See AKAN net asset quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Akanda Corp'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 Akanda Corp worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $-18.72K -0.19%
Total Liquid Assets $-18.72K -0.19%

Asset Resilience Insights

  • Limited Liquidity: Akanda Corp maintains only -0.19% 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.

Akanda Corp Industry Peers by Asset Resilience Ratio

Compare Akanda Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt
F:RIG2
Drug Manufacturers - Specialty & Generic 0.20%
Huadong Medicine Co Ltd
SHE:000963
Drug Manufacturers - Specialty & Generic 0.05%
Tianjin Chase Sun Pharmaceutical Co Ltd
SHE:300026
Drug Manufacturers - Specialty & Generic -0.89%
Walvax BioTech
SHE:300142
Drug Manufacturers - Specialty & Generic 2.20%
Guangdong Zhongsheng Pharmaceutical Co Ltd
SHE:002317
Drug Manufacturers - Specialty & Generic 6.62%
Fujian Cosunter Pharmaceutical Co Ltd
SHE:300436
Drug Manufacturers - Specialty & Generic -2.56%
Celltrion Pharm Inc
KQ:068760
Drug Manufacturers - Specialty & Generic 12.49%
Hunan Warrant Pharmaceutical Co. Ltd. A
SHG:688799
Drug Manufacturers - Specialty & Generic 0.40%

Annual Asset Resilience Ratio for Akanda Corp (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Akanda Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% $0.00 $8.84 Million --
2022-12-31 0.68% $263.69K $39.00 Million --
2021-12-31 0.00% $0.00 $8.05 Million --
pp = percentage points

About Akanda Corp

NASDAQ:AKAN USA Drug Manufacturers - Specialty & Generic
Market Cap
$10.15 Million
Market Cap Rank
#27703 Global
#5639 in USA
Share Price
$19.00
Change (1 day)
-0.52%
52-Week Range
$0.45 - $57.09
All Time High
$9448.00
About

As of August 21, 2025, Akanda Corp. was acquired by First Towers & Fiber Corp., in a reverse merger transaction. Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis-based products. The company was incorporated in 2021 and is headquartered in Toronto, Canada.