Genetic Technologies Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.30%

Genetic Technologies Ltd (GENE) has an Asset Resilience Ratio of 0.30% 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. See Genetic Technologies Ltd (GENE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$18.79K
Cash + Short-term Investments

Total Assets

$6.19 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2003–2024)

This chart shows how Genetic Technologies Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Genetic Technologies Ltd.

Liquid Assets Composition Over Time

This chart breaks down Genetic Technologies Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read GENE current and long-term 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 $18.79K 0.3%
Total Liquid Assets $18.79K 0.30%

Asset Resilience Insights

  • Limited Liquidity: Genetic Technologies Ltd maintains only 0.30% 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.

Genetic Technologies Ltd Industry Peers by Asset Resilience Ratio

Compare Genetic Technologies Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
GeneDx Holdings Corp.
NASDAQ:WGS
Diagnostics & Research 15.00%
Shanghai Runda Med Tech Co
SHG:603108
Diagnostics & Research 0.42%
Shanghai Rendu Biotechnology Co. Ltd. A
SHG:688193
Diagnostics & Research 70.50%
DIVA Laboratories Ltd
TWO:4153
Diagnostics & Research 0.01%
Genoray Co. Ltd
KQ:122310
Diagnostics & Research 2.14%
RHYTHM Biosciences Ltd
AU:RHY
Diagnostics & Research 2.74%
Check-Cap Ltd
F:7CC
Diagnostics & Research 2.90%
Avricore Health Inc
V:AVCR
Diagnostics & Research 1.71%

Annual Asset Resilience Ratio for Genetic Technologies Ltd (2003–2024)

The table below shows the annual Asset Resilience Ratio data for Genetic Technologies Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-06-30 0.30% $18.79K $6.19 Million +0.19pp
2023-06-30 0.12% $17.44K $14.86 Million +0.05pp
2022-06-30 0.06% $13.26K $20.80 Million +0.06pp
2021-06-30 0.01% $1.86K $22.97 Million 0.00pp
2020-06-30 0.01% $2.02K $15.63 Million -1.62pp
2019-06-30 1.64% $53.46K $3.27 Million +1.58pp
2018-06-30 0.06% $3.50K $6.17 Million +0.03pp
2017-06-30 0.03% $3.38K $12.11 Million 0.00pp
2016-06-30 0.03% $4.21K $13.29 Million +0.01pp
2015-06-30 0.02% $3.59K $20.72 Million -0.03pp
2014-06-30 0.04% $2.95K $6.73 Million -2.47pp
2013-06-30 2.52% $209.30K $8.32 Million +2.41pp
2012-06-30 0.11% $17.46K $16.44 Million +0.08pp
2011-06-30 0.03% $2.65K $8.92 Million -0.84pp
2010-06-30 0.87% $71.66K $8.28 Million +0.86pp
2009-06-30 0.00% $200.00 $22.28 Million -2.15pp
2008-06-30 2.15% $519.12K $24.15 Million +1.83pp
2007-06-30 0.32% $66.00K $20.95 Million +0.03pp
2006-06-30 0.29% $64.00K $22.44 Million -36.83pp
2005-06-30 37.11% $10.86 Million $29.26 Million +36.94pp
2004-06-30 0.17% $38.44K $22.39 Million -0.69pp
2003-06-30 0.86% $261.58K $30.25 Million --
pp = percentage points

About Genetic Technologies Ltd

NASDAQ:GENE USA Diagnostics & Research
Market Cap
$9.53 Billion
Market Cap Rank
#29226 Global
#5969 in USA
Share Price
$1965.70
Change (1 day)
+0.40%
52-Week Range
$1843.60 - $2043.75
All Time High
$2043.75
About

Genetic Technologies Limited, a molecular diagnostics company, engages in the provision of predictive genetic testing and risk assessment tools to help physicians manage people's health in the America, Canada, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company operates through EasyDNA, AffinityDNA, and GeneType/Corporate segments. It offers BREVAGenplus, a clinicall… Read more