Loop Industries Inc - Asset Resilience Ratio

Latest as of November 2022: 0.20%

Loop Industries Inc (LOOP) has an Asset Resilience Ratio of 0.20% as of November 2022. 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 Loop Industries Inc (LOOP) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets

$81.21K
Cash + Short-term Investments

Total Assets

$39.64 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2021)

This chart shows how Loop Industries Inc's Asset Resilience Ratio has changed over time. See Loop Industries Inc (LOOP) net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Loop Industries 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 market value of Loop Industries Inc.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $81.21K 0.2%
Total Liquid Assets $81.21K 0.20%

Asset Resilience Insights

  • Limited Liquidity: Loop Industries Inc maintains only 0.20% 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.

Loop Industries Inc Industry Peers by Asset Resilience Ratio

Compare Loop Industries Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
Specialty Chemicals 2.16%
Akzo Nobel NV
AS:AKZA
Specialty Chemicals 2.16%
Jiangsu Nata Opto Electr Material
SHE:300346
Specialty Chemicals 23.47%
Huaibei Mining Holdings Co Ltd
SHG:600985
Specialty Chemicals 2.33%
Incitec Pivot Ltd
AU:IPL
Specialty Chemicals 0.03%
Wankai New Materials Co. Ltd.
SHE:301216
Specialty Chemicals 1.59%
5N Plus Inc.
TO:VNP
Specialty Chemicals 11.34%
Longkou Union Chemical Co. Ltd. A
SHE:301209
Specialty Chemicals 21.72%

Annual Asset Resilience Ratio for Loop Industries Inc (2016–2021)

The table below shows the annual Asset Resilience Ratio data for Loop Industries Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-02-28 3.46% $1.50 Million $43.40 Million +1.47pp
2020-02-29 1.98% $850.00K $42.84 Million --
2018-02-28 0.00% $0.00 $13.40 Million --
2017-02-28 0.00% $0.00 $3.05 Million --
2016-02-29 0.00% $0.00 $2.48 Million --
pp = percentage points

About Loop Industries Inc

NASDAQ:LOOP USA Specialty Chemicals
Market Cap
$66.71 Million
Market Cap Rank
#20763 Global
#4463 in USA
Share Price
$1.38
Change (1 day)
+2.22%
52-Week Range
$0.89 - $2.06
All Time High
$18.32
About

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into its base building block monomers. The company's technology depolymerizes plastic bottles, packaging, carpets, and clothing into dimethyl terephthalate and monoethylene glycol. Its polymerized monomers are used to create virgin-quality PET resins for use … Read more