Digi Power X Inc.
Digi Power X Inc., an energy infrastructure company, develops data centers to drive the expansion of energy assets in the United States. The company operates in three segments: Cryptocurrency Mining, Sales of Energy, and Colocation Services. It also mines for cryptocurrency. In addition, the company is involved in power provision and space rental to customers; and sale of electricity. It serves i… Read more
Digi Power X Inc. - Asset Resilience Ratio
Digi Power X Inc. (DGXX) has an Asset Resilience Ratio of 6.32% as of June 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2024)
This chart shows how Digi Power X Inc.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Digi Power X Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.60 Million | 6.32% |
| Total Liquid Assets | $2.60 Million | 6.32% |
Asset Resilience Insights
- Limited Liquidity: Digi Power X Inc. maintains only 6.32% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Digi Power X Inc. Industry Peers by Asset Resilience Ratio
Compare Digi Power X Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Guangdong Baolihua New Energy Stock Co LTD
SHE:000690 |
Utilities - Independent Power Producers | 4.29% |
|
CGN Power
SHE:003816 |
Utilities - Independent Power Producers | 0.00% |
|
1414 Degrees Ltd
AU:14D |
Utilities - Independent Power Producers | 3.12% |
|
CATES ELEKTRIK
IS:CATES |
Utilities - Independent Power Producers | 0.00% |
|
Zhejiang Zheneng Electric Power Co Ltd
SHG:600023 |
Utilities - Independent Power Producers | 0.09% |
|
Beijing Jingneng Power Co Ltd
SHG:600578 |
Utilities - Independent Power Producers | 0.05% |
|
Sichuan Chuantou Energy Co Ltd
SHG:600674 |
Utilities - Independent Power Producers | 2.48% |
|
Dalian Thermal Power Co Ltd
SHG:600719 |
Utilities - Independent Power Producers | 0.01% |
Annual Asset Resilience Ratio for Digi Power X Inc. (2018–2024)
The table below shows the annual Asset Resilience Ratio data for Digi Power X Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 2.39% | $818.67K | $34.32 Million | -2.94pp |
| 2023-12-31 | 5.32% | $2.80 Million | $52.60 Million | -36.53pp |
| 2021-12-31 | 41.85% | $33.45 Million | $79.92 Million | +14.56pp |
| 2020-12-31 | 27.29% | $4.51 Million | $16.52 Million | +25.96pp |
| 2019-12-31 | 1.33% | $51.68K | $3.90 Million | -12.23pp |
| 2018-12-31 | 13.55% | $2.16 Million | $15.93 Million | -- |