CannBioRx Life Sciences Corp - Asset Resilience Ratio

Latest as of September 2020: 93.46%

CannBioRx Life Sciences Corp (ATNFW) has an Asset Resilience Ratio of 93.46% as of September 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. See CannBioRx Life Sciences Corp leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

Liquid Assets

$10.30 Billion
Cash + Short-term Investments

Total Assets

$11.02 Billion
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2019)

This chart shows how CannBioRx Life Sciences Corp's Asset Resilience Ratio has changed over time. See how leveraged is CannBioRx Life Sciences Corp's balance sheet to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down CannBioRx Life Sciences 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 CannBioRx Life Sciences Corp stock valuation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $10.30 Billion 93.46%
Total Liquid Assets $10.30 Billion 93.46%

Asset Resilience Insights

  • Very High Liquidity: CannBioRx Life Sciences Corp maintains exceptional liquid asset reserves at 93.46% 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.

CannBioRx Life Sciences Corp Industry Peers by Asset Resilience Ratio

Compare CannBioRx Life Sciences Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
Biotechnology 0.00%
Cyclacel Pharmaceuticals Inc
NASDAQ:CYCC
Biotechnology -55.36%
Krystal Biotech Inc
NASDAQ:KRYS
Biotechnology 23.06%
Verona Pharma PLC ADR
NASDAQ:VRNA
Biotechnology 0.00%
Centessa Pharmaceuticals PLC ADR
NASDAQ:CNTA
Biotechnology 33.37%
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
Biotechnology 8.08%
Hebei Changshan Biochem Pharma
SHE:300255
Biotechnology -0.03%
BB Biotech AG
SW:BION
Biotechnology 0.05%

Annual Asset Resilience Ratio for CannBioRx Life Sciences Corp (2017–2019)

The table below shows the annual Asset Resilience Ratio data for CannBioRx Life Sciences Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 22.89% $11.88 Million $51.88 Million -76.88pp
2018-12-31 99.77% $118.17 Million $118.44 Million +0.17pp
2017-12-31 99.60% $116.59 Million $117.06 Million --
pp = percentage points

About CannBioRx Life Sciences Corp

NASDAQ:ATNFW USA Biotechnology
Market Cap
$4.06K
Market Cap Rank
#31653 Global
#6249 in USA
Share Price
$0.43
Change (1 day)
-6.52%
52-Week Range
$0.01 - $0.55
All Time High
$2.68
About

180 Life Sciences Corp., a clinical stage biotechnology company, focuses on developing therapeutics for unmet medical needs in chronic pain, inflammation, fibrosis, and other inflammatory diseases in the United States. The company product development platforms include fibrosis and anti-tumor necrosis factor (anti-TNF) platform, which has completed phase 2a and phase 2b proof-of-concept clinical t… Read more