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.

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. Check LUCD capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

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 LUCD company 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
Bio-Rad Laboratories Inc
NYSE:BIO
Medical Devices 10.80%
Double Medical Technology Inc
SHE:002901
Medical Devices 12.59%
Tellgen Corp
SHE:300642
Medical Devices 9.96%
Affluent Medical SAS
PA:AFME
Medical Devices 0.03%
Cochlear Ltd
AU:COH
Medical Devices 9.76%
Anteris Technologies Global Corp
AU:AVR
Medical Devices 33.27%
Imricor Medical Systems Inc
AU:IMR
Medical Devices 46.50%
Polynovo Ltd
AU:PNV
Medical Devices 0.04%

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
$170.18 Million
Market Cap Rank
#17108 Global
#4012 in USA
Share Price
$0.87
Change (1 day)
-3.28%
52-Week Range
$0.87 - $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