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. Read Compass Digital Acquisition Corp debt and liabilities for a breakdown of total debt and financial obligations.
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. See Compass Digital Acquisition Corp net assets for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see how much is Compass Digital Acquisition Corp worth.
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 |
|---|---|---|
|
Centurion Acquisition Corp.
NASDAQ:ALF |
Shell Companies | 99.95% |
|
Blue Water Acquisition Corp. III Class A Ordinary Shares
NASDAQ:BLUW |
Shell Companies | 99.64% |
|
Andretti Acquisition Corp. II Class A Ordinary Shares
NASDAQ:POLE |
Shell Companies | 99.49% |
|
Highview Merger Corp. Class A Ordinary Share
NASDAQ:HVMC |
Shell Companies | 99.45% |
|
Launch Two Acquisition Corp.
NASDAQ:LPBBU |
Shell Companies | 99.73% |
|
Melar Acquisition Corp. I Unit
NASDAQ:MACIU |
Shell Companies | 97.77% |
|
EGH Acquisition Corp. Class A Ordinary Shares
NASDAQ:EGHA |
Shell Companies | 100.00% |
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