Edesa Biotech Inc

NASDAQ:EDSA USA Biotechnology
Market Cap
$58.34 Million
Market Cap Rank
#29123 Global
#9662 in USA
Share Price
$7.00
Change (1 day)
+36.72%
52-Week Range
$0.80 - $7.14
All Time High
$2516.64
About

Edesa Biotech, Inc., a clinical-stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of pharmaceutical products for inflammatory and immune-related diseases. It develops EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome; and EB01, a topical vanishing cream containing non-… Read more

Edesa Biotech Inc - Asset Resilience Ratio

Latest as of September 2021: -3.43%

Edesa Biotech Inc (EDSA) has an Asset Resilience Ratio of -3.43% as of September 2021. 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
$-500.00K
Cash + Short-term Investments
Total Assets
$14.58 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2014–2018)

This chart shows how Edesa Biotech 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 Edesa Biotech 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 $-500.00K -3.43%
Total Liquid Assets $-500.00K -3.43%

Asset Resilience Insights

  • Limited Liquidity: Edesa Biotech Inc maintains only -3.43% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Edesa Biotech Inc Industry Peers by Asset Resilience Ratio

Compare Edesa Biotech Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
MedPacto Inc
KQ:235980
Biotechnology 49.82%
Shenzhen CAU Technology Co Ltd
SHE:000004
Biotechnology 6.20%
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
Biotechnology 6.88%
Nanhua Bio Medicine Co Ltd
SHE:000504
Biotechnology 11.93%
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
Biotechnology 0.03%
Chengzhi Shareholding Co Ltd
SHE:000990
Biotechnology 6.73%
Hualan Biological EngineeringInc
SHE:002007
Biotechnology 14.68%
Da An Gene Co Ltd of Sun Yat-Sen University
SHE:002030
Biotechnology 4.35%

Annual Asset Resilience Ratio for Edesa Biotech Inc (2014–2018)

The table below shows the annual Asset Resilience Ratio data for Edesa Biotech Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-09-30 51.60% $6.08 Million $11.78 Million +25.76pp
2017-09-30 25.83% $1.99 Million $7.72 Million -5.00pp
2016-09-30 30.83% $3.99 Million $12.94 Million -17.46pp
2015-09-30 48.29% $5.02 Million $10.39 Million +45.12pp
2014-09-30 3.16% $458.10K $14.47 Million --
pp = percentage points