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 CDAQ current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2023–2023)
This chart shows how Compass Digital Acquisition Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see CDAQ asset base.
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. Read Compass Digital Acquisition Corp (CDAQ) total 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 | $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% |
|
Centurion Acquisition Corp.
NASDAQ:ALF |
Shell Companies | 99.95% |
|
Rithm Acquisition Corp.
NYSE:RAC |
Shell Companies | 0.35% |
Annual Asset Resilience Ratio for Compass Digital Acquisition Corp (2023–2023)
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