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 ATNFW working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see ATNFW total asset value.

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. Read CannBioRx Life Sciences Corp balance sheet liabilities for a breakdown of total debt and financial obligations.

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
CSL Ltd
AU:CSL
Biotechnology 0.41%
Vaxcyte Inc
NASDAQ:PCVX
Biotechnology 41.54%
Bachem Holding AG
SW:BANB
Biotechnology 0.00%
Definium Therapeutics, Inc.
NASDAQ:DFTX
Biotechnology 38.51%
Chongqing Zhifei Bio Products
SHE:300122
Biotechnology -0.08%
HLB Co. Ltd
KQ:028300
Biotechnology 3.29%
Sinopep-Allsino Biopharmaceutical Co. Ltd. A
SHG:688076
Biotechnology 2.30%
Zhejiang Ausun Pharmaceutical Co Ltd
SHG:603229
Biotechnology 0.12%

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
$4.09K
Market Cap Rank
#31878 Global
#6382 in USA
Share Price
$0.43
Change (1 day)
+0.00%
52-Week Range
$0.43 - $0.43
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