Compass Digital Acquisition Corp Asset Resilience Ratio
Compass Digital Acquisition Corp asset resilience ratio. Compass Digital Acquisition Corp (CDAQ) has an Asset Resilience Ratio of 98.69% as of March 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. See Compass Digital Acquisition Corp (CDAQ) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Compass Digital Acquisition Corp (2023–2023)
Asset resilience ratio of Compass Digital Acquisition Corp from 2023 to 2023. This chart shows how Compass Digital Acquisition Corp's Asset Resilience Ratio has changed over time. Read CDAQ current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Compass Digital Acquisition Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see how large is Compass Digital Acquisition Corp's balance sheet.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $55.35 Million | 98.69% |
| Total Liquid Assets | $55.35 Million | 98.69% |
Asset Resilience Insights
- Very High Liquidity: Compass Digital Acquisition Corp maintains exceptional liquid asset reserves at 98.69% 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.
Compass Digital Acquisition Corp Industry Peers by Asset Resilience Ratio
Compare Compass Digital Acquisition Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
HCM II Acquisition Corp. Unit
NASDAQ:HONDU |
Shell Companies | 99.63% |
|
Twelve Seas Investment Co II
NASDAQ:TWLV |
Shell Companies | 98.60% |
|
Spring Valley Acquisition Corp. II Class A Ordinary Shares
NASDAQ:SVII |
Shell Companies | 99.48% |
|
YHN Acquisition I Limited Unit
NASDAQ:YHNAU |
Shell Companies | 99.44% |
|
DT Cloud Star Acquisition Corporation Ordinary Shares
NASDAQ:DTSQ |
Shell Companies | 99.36% |
|
Ribbon Acquisition Corp Class A Ordinary Shares
NASDAQ:RIBB |
Shell Companies | 99.94% |
Compass Digital Acquisition Corp Asset Resilience Ratio by Year (2023–2023)
Compass Digital Acquisition Corp asset resilience ratio by year from 2023 to 2023. The table below shows the annual Asset Resilience Ratio data for Compass Digital Acquisition Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 99.86% | $55.35 Million | $55.43 Million | -- |
About Compass Digital Acquisition Corp
Compass Digital Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector. Com… Read more