Journey Medical Corp - Asset Resilience Ratio
Journey Medical Corp (DERM) has an Asset Resilience Ratio of 64.93% as of September 2019. 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 Journey Medical Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2018)
This chart shows how Journey Medical Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Journey Medical Corp assets under control.
Liquid Assets Composition Over Time
This chart breaks down Journey Medical Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Journey Medical Corp 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 | $283.23 Million | 64.93% |
| Total Liquid Assets | $283.23 Million | 64.93% |
Asset Resilience Insights
- Very High Liquidity: Journey Medical Corp maintains exceptional liquid asset reserves at 64.93% 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.
Journey Medical Corp Industry Peers by Asset Resilience Ratio
Compare Journey Medical Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Kamada
TA:KMDA |
Drug Manufacturers - Specialty & Generic | 0.00% |
|
Takeda Pharmaceutical Co Ltd ADR
NYSE:TAK |
Drug Manufacturers - Specialty & Generic | 4.94% |
|
Viatris Inc
NASDAQ:VTRS |
Drug Manufacturers - Specialty & Generic | 1.48% |
|
Takeda Pharmaceutical Company Limited
F:TKDA |
Drug Manufacturers - Specialty & Generic | 0.69% |
|
Shijiazhuang Yiling Pharmaceutical Co Ltd
SHE:002603 |
Drug Manufacturers - Specialty & Generic | 11.60% |
|
Chengdu Kanghong Pharmaceuticals Group Co Ltd
SHE:002773 |
Drug Manufacturers - Specialty & Generic | 4.31% |
|
Yipinhong Pharmaceutical Co Ltd Class A
SHE:300723 |
Drug Manufacturers - Specialty & Generic | 1.01% |
|
Avadel Pharmaceuticals PLC
NASDAQ:AVDL |
Drug Manufacturers - Specialty & Generic | 5.90% |
Annual Asset Resilience Ratio for Journey Medical Corp (2014–2018)
The table below shows the annual Asset Resilience Ratio data for Journey Medical Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 60.43% | $208.06 Million | $344.32 Million | +14.94pp |
| 2017-12-31 | 45.48% | $255.07 Million | $560.79 Million | -21.74pp |
| 2016-12-31 | 67.23% | $210.15 Million | $312.60 Million | +18.81pp |
| 2015-12-31 | 48.42% | $107.45 Million | $221.93 Million | +24.97pp |
| 2014-12-31 | 23.45% | $41.79 Million | $178.22 Million | -- |
About Journey Medical Corp
Journey Medical Corporation, a commercial-stage pharmaceutical company that focuses on the development and commercialization of pharmaceutical products for the treatment of dermatological conditions in the United States. The company's marketed products include Qbrexza, a medicated cloth towelette for the treatment of primary axillary hyperhidrosis; Accutane, an oral isotretinoin drug to treat sev… Read more