Logan Ridge Finance Corp - Asset Resilience Ratio
Logan Ridge Finance Corp (LRFC) has an Asset Resilience Ratio of 1.42% 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. Read LRFC liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how Logan Ridge Finance Corp's Asset Resilience Ratio has changed over time. See Logan Ridge Finance Corp shareholders equity for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Logan Ridge Finance Corp'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 Logan Ridge Finance Corp (LRFC) market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.91 Million | 1.42% |
| Total Liquid Assets | $2.91 Million | 1.42% |
Asset Resilience Insights
- Limited Liquidity: Logan Ridge Finance Corp maintains only 1.42% 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.
Logan Ridge Finance Corp Industry Peers by Asset Resilience Ratio
Compare Logan Ridge Finance Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
BlackRock Technology and Private Equity Term Trust
NYSE:BTX |
Asset Management | 5.59% |
|
Sprott Physical Silver
TO:PSLV |
Asset Management | 99.90% |
|
Groep Brussel Lambert NV
BR:GBLB |
Asset Management | 6.95% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.91% |
|
Australian Foundation Investment Company Ltd
AU:AFI |
Asset Management | 0.00% |
|
Argo Investments Ltd
AU:ARG |
Asset Management | 0.46% |
|
Norte Grande
SN:NORTEGRAN |
Asset Management | 0.00% |
|
Cuprum
SN:CUPRUM |
Asset Management | 5.84% |
Annual Asset Resilience Ratio for Logan Ridge Finance Corp (2021–2023)
The table below shows the annual Asset Resilience Ratio data for Logan Ridge Finance Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 9.35% | $18.42 Million | $197.09 Million | -73.22pp |
| 2022-12-31 | 82.56% | $177.27 Million | $214.71 Million | +28.89pp |
| 2021-12-31 | 53.67% | $129.99 Million | $242.22 Million | -- |
About Logan Ridge Finance Corp
Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and … Read more