Middleby Corp - Asset Resilience Ratio
Middleby Corp (MIDD) has an Asset Resilience Ratio of 0.02% 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 MIDD working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2010–2023)
This chart shows how Middleby Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Middleby Corp.
Liquid Assets Composition Over Time
This chart breaks down Middleby Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Middleby Corp strategic investment ratio to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $1.18 Million | 0.02% |
| Total Liquid Assets | $1.18 Million | 0.02% |
Asset Resilience Insights
- Limited Liquidity: Middleby Corp maintains only 0.02% 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.
Middleby Corp Industry Peers by Asset Resilience Ratio
Compare Middleby Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Cummins Inc
NYSE:CMI |
Specialty Industrial Machinery | 1.65% |
|
Nordex SE
F:NDX1 |
Specialty Industrial Machinery | 0.07% |
|
Wuxi Lead Auto Equipment Co Ltd
SHE:300450 |
Specialty Industrial Machinery | 4.34% |
|
AVIC Heavy Machinery Co Ltd
SHG:600765 |
Specialty Industrial Machinery | 0.02% |
|
North Navigation Control Technology Co Ltd
SHG:600435 |
Specialty Industrial Machinery | 1.05% |
|
Shenyang Machine Tool Co Ltd
SHE:000410 |
Specialty Industrial Machinery | -6.78% |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757 |
Specialty Industrial Machinery | 4.54% |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724 |
Specialty Industrial Machinery | 26.40% |
Annual Asset Resilience Ratio for Middleby Corp (2010–2023)
The table below shows the annual Asset Resilience Ratio data for Middleby Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.04% | $2.90 Million | $6.91 Billion | -0.06pp |
| 2022-12-31 | 0.10% | $6.80 Million | $6.87 Billion | -- |
| 2017-12-31 | 0.00% | $0.00 | $3.34 Billion | -- |
| 2016-12-31 | 0.00% | $0.00 | $2.92 Billion | -- |
| 2015-12-31 | 0.00% | $0.00 | $2.76 Billion | -- |
| 2014-12-31 | 0.00% | $0.00 | $2.07 Billion | -- |
| 2013-12-31 | 0.00% | $0.00 | $1.82 Billion | -- |
| 2012-12-31 | 0.00% | $0.00 | $1.24 Billion | -- |
| 2011-12-31 | 0.00% | $0.00 | $1.15 Billion | -- |
| 2010-12-31 | 0.00% | $0.00 | $873.17 Million | -- |
About Middleby Corp
The Middleby Corporation operates in the foodservice industry worldwide. The company develops and manufactures a line of solutions used in commercial foodservice and food processing. It offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction, and countertop cooking equip… Read more