INNEOVA Holdings Limited Asset Resilience Ratio
INNEOVA Holdings Limited asset resilience ratio. INNEOVA Holdings Limited (INEO) has an Asset Resilience Ratio of 7.17% 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 how many days can INNEOVA Holdings Limited fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of INNEOVA Holdings Limited (2023–2023)
Asset resilience ratio of INNEOVA Holdings Limited from 2023 to 2023. This chart shows how INNEOVA Holdings Limited's Asset Resilience Ratio has changed over time. Read INEO total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down INNEOVA Holdings Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see how large is INNEOVA Holdings Limited's balance sheet.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.84 Million | 7.17% |
| Total Liquid Assets | $2.84 Million | 7.17% |
Asset Resilience Insights
- Limited Liquidity: INNEOVA Holdings Limited maintains only 7.17% 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.
INNEOVA Holdings Limited Industry Peers by Asset Resilience Ratio
Compare INNEOVA Holdings Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Sailun Jinyu Group Co Ltd
SHG:601058 |
Auto Parts | 0.63% |
|
Hankook Tire Co.
KO:161390 |
Auto Parts | 1.34% |
|
Garrett Motion Inc
NASDAQ:GTX |
Auto Parts | 2.46% |
|
Cheng Shin Rubber Ind. Co Ltd
TW:2105 |
Auto Parts | 10.90% |
|
Ningbo Huaxiang Electronic Co Ltd
SHE:002048 |
Auto Parts | 0.02% |
|
Autel Intelligent Technology Corp Ltd
SHG:688208 |
Auto Parts | 1.27% |
|
Qingdao Sentury Tire Co Ltd
SHE:002984 |
Auto Parts | 3.38% |
|
Hunan Oil Pump
SHG:603319 |
Auto Parts | 0.25% |
INNEOVA Holdings Limited Asset Resilience Ratio by Year (2023–2023)
INNEOVA Holdings Limited asset resilience ratio by year from 2023 to 2023. The table below shows the annual Asset Resilience Ratio data for INNEOVA Holdings Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 7.78% | $3.04 Million | $39.06 Million | -- |
About INNEOVA Holdings Limited
INNEOVA Holdings Limited, through its subsidiaries, distributes automotive and industrial spare parts in Singapore, the Middle East, Malaysia, and internationally. The company operates through three segments: On-Highway Business, Off-Highway Business, and Engineering Services. It offers original equipment manufacturer, aftermarket, engine, chassis, wear and tear, and body parts for passenger and … Read more