Lucid Diagnostics Inc - Asset Resilience Ratio

Latest as of June 2023: 6.09%

Lucid Diagnostics Inc (LUCD) has an Asset Resilience Ratio of 6.09% as of June 2023. 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. Check asset allocation strategy of Lucid Diagnostics Inc to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$2.59 Million
Cash + Short-term Investments

Total Assets

$42.49 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2022)

This chart shows how Lucid Diagnostics Inc's Asset Resilience Ratio has changed over time. See debt-free asset ratio of Lucid Diagnostics Inc to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Lucid Diagnostics 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 Lucid Diagnostics Inc market cap and net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $2.59 Million 6.09%
Total Liquid Assets $2.59 Million 6.09%

Asset Resilience Insights

  • Limited Liquidity: Lucid Diagnostics Inc maintains only 6.09% 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.

Lucid Diagnostics Inc Industry Peers by Asset Resilience Ratio

Compare Lucid Diagnostics Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Cochlear Ltd
AU:COH
Medical Devices 9.76%
Shenzhen New Industries Biomedical
SHE:300832
Medical Devices 9.95%
Jafron Biomedical Co Ltd
SHE:300529
Medical Devices 39.15%
HOB Biotech Group Corp Ltd
SHG:688656
Medical Devices 2.62%
Polynovo Ltd
AU:PNV
Medical Devices 0.04%
Shanghai ZJ Bio-Tech Co. Ltd. A
SHG:688317
Medical Devices 10.88%
Dirui Industrial Co Ltd
SHE:300396
Medical Devices 6.89%
Emvision Medical Devices Ltd
AU:EMV
Medical Devices 0.06%

Annual Asset Resilience Ratio for Lucid Diagnostics Inc (2019–2022)

The table below shows the annual Asset Resilience Ratio data for Lucid Diagnostics Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 4.09% $1.33 Million $32.51 Million +2.20pp
2021-12-31 1.89% $1.12 Million $59.00 Million -3.48pp
2020-12-31 5.38% $118.00K $2.19 Million -6.05pp
2019-12-31 11.42% $118.09K $1.03 Million --
pp = percentage points

About Lucid Diagnostics Inc

NASDAQ:LUCD USA Medical Devices
Market Cap
$191.88 Million
Market Cap Rank
#16807 Global
#3919 in USA
Share Price
$0.98
Change (1 day)
-3.66%
52-Week Range
$0.95 - $1.47
All Time High
$11.76
About

Lucid Diagnostics Inc. operates as a commercial-stage medical diagnostics technology company in the United States. It focuses on patients with gastroesophageal reflux disease (GERD) who are at risk of developing esophageal precancer and cancer, primarily highly lethal esophageal adenocarcinoma. The company's flagship product, the EsoGuard Esophageal DNA Test performed on samples collected with th… Read more