Forza X1 Inc
Forza X1, Inc. engages in designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated and direct-to-consumer platform. The company was incorporated in 2021 and is headquartered in Fort Pierce, Florida. As of November 26, 2024, Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co.
Forza X1 Inc - Asset Resilience Ratio
Forza X1 Inc (FRZA) has an Asset Resilience Ratio of 0.00% as of September 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 (2022–2023)
This chart shows how Forza X1 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 Forza X1 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 | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Forza X1 Inc maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Forza X1 Inc Industry Peers by Asset Resilience Ratio
Compare Forza X1 Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
KR Motors Co. Ltd.
KO:000040 |
Recreational Vehicles | 6.46% |
|
MasterCraft Boat Holdings Inc
F:1SG |
Recreational Vehicles | 13.72% |
|
SA Catana Group
PA:CATG |
Recreational Vehicles | 0.16% |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129 |
Recreational Vehicles | 0.07% |
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787 |
Recreational Vehicles | 21.37% |
|
Alexander Marine Co Ltd
TW:8478 |
Recreational Vehicles | 14.65% |
|
Her Chee Industrial Co Ltd
TWO:8937 |
Recreational Vehicles | 4.42% |
|
Vietnam Manufacturing and Export Processing (Holdings) Limited
TW:9110 |
Recreational Vehicles | 0.00% |
Annual Asset Resilience Ratio for Forza X1 Inc (2022–2023)
The table below shows the annual Asset Resilience Ratio data for Forza X1 Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 17.62% | $2.98 Million | $16.92 Million | -- |
| 2022-12-31 | 0.00% | $0.00 | $14.22 Million | -- |