Logan Ridge Finance Corp Asset Resilience Ratio
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. See LRFC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Logan Ridge Finance Corp (2021–2023)
Asset resilience ratio of Logan Ridge Finance Corp from 2021 to 2023. This chart shows how Logan Ridge Finance Corp's Asset Resilience Ratio has changed over time. Read Logan Ridge Finance Corp total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Logan Ridge Finance Corp assets under control.
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 |
|---|---|---|
|
Nuveen Variable Rate Preferred & Income Fund
NYSE:NPFD |
Asset Management | 46.19% |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI |
Asset Management | 0.09% |
|
Angel Oak Financial Strategies Income Term Trust
NYSE:FINS |
Asset Management | -31.09% |
|
Sprott Physical Gold Trust
TO:PHYS |
Asset Management | 99.78% |
|
Industrivarden AB ser. C
ST:INDU-C |
Asset Management | 0.16% |
|
Julius Baer Gruppe AG
SW:BAER |
Asset Management | 15.49% |
|
HDFC Asset Management Company Limited
NSE:HDFCAMC |
Asset Management | 0.30% |
|
Nippon Life India Asset Management Limited
NSE:NAM-INDIA |
Asset Management | 5.50% |
Logan Ridge Finance Corp Asset Resilience Ratio by Year (2021–2023)
Logan Ridge Finance Corp asset resilience ratio by year from 2021 to 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