Forza X1 Inc - Asset Resilience Ratio

Latest as of September 2024: 0.00%

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. Read FRZA current and long-term liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

$0.00
Cash + Short-term Investments

Total Assets

$11.96 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2022–2023)

This chart shows how Forza X1 Inc's Asset Resilience Ratio has changed over time. See Forza X1 Inc shareholders equity for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see FRZA company net worth.

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
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787
Recreational Vehicles 21.37%
Vmoto Ltd
AU:VMT
Recreational Vehicles 0.00%
BRP Inc
TO:DOO
Recreational Vehicles 4.44%
Zhejiang CFMoto Power Co Ltd
SHG:603129
Recreational Vehicles 0.07%
Trigano S.A.
PA:TRI
Recreational Vehicles 3.98%
Bénéteau S.A.
PA:BEN
Recreational Vehicles 7.75%
Fountaine Pajo
PA:ALFPC
Recreational Vehicles 58.50%
SA Catana Group
PA:CATG
Recreational Vehicles 0.16%

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 --
pp = percentage points

About Forza X1 Inc

NASDAQ:FRZA USA Recreational Vehicles
Market Cap
$3.15 Million
Market Cap Rank
#29138 Global
#5710 in USA
Share Price
$0.20
Change (1 day)
+0.00%
52-Week Range
$0.20 - $0.20
All Time High
$8.25
About

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.