Eightco Holdings Inc. - Asset Resilience Ratio

Latest as of September 2024: 0.14%

Eightco Holdings Inc. (OCTO) has an Asset Resilience Ratio of 0.14% as of September 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 Eightco Holdings Inc. (OCTO) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$69.12K
Cash + Short-term Investments

Total Assets

$49.24 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2022–2023)

This chart shows how Eightco Holdings Inc.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see OCTO current and non-current assets.

Liquid Assets Composition Over Time

This chart breaks down Eightco Holdings Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read debt load of Eightco Holdings Inc. for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $69.12K 0.14%
Total Liquid Assets $69.12K 0.14%

Asset Resilience Insights

  • Limited Liquidity: Eightco Holdings Inc. maintains only 0.14% 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.

Eightco Holdings Inc. Industry Peers by Asset Resilience Ratio

Compare Eightco Holdings Inc.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
SIG Combibloc Group AG
SW:SIGN
Packaging & Containers -2.81%
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522
Packaging & Containers 6.16%
Thai Plaspac Public Company Limited
BK:TPAC
Packaging & Containers 0.10%
Nahar Poly Films Limited
NSE:NAHARPOLY
Packaging & Containers 3.65%
B&B Triplewall Containers Limited
NSE:BBTCL
Packaging & Containers 0.55%
Amcor Plc
AU:AMC
Packaging & Containers -0.32%
Orora Ltd
AU:ORA
Packaging & Containers 5.31%
Pact Group Holdings Ltd
AU:PGH
Packaging & Containers 0.06%

Annual Asset Resilience Ratio for Eightco Holdings Inc. (2022–2023)

The table below shows the annual Asset Resilience Ratio data for Eightco Holdings Inc..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.01% $4.99K $55.41 Million -0.15pp
2022-12-31 0.15% $90.58K $58.60 Million --
pp = percentage points

About Eightco Holdings Inc.

NASDAQ:OCTO USA Packaging & Containers
Market Cap
$38.94 Million
Market Cap Rank
#22917 Global
#5022 in USA
Share Price
$12.79
Change (1 day)
+0.00%
52-Week Range
$12.79 - $12.79
All Time High
$76.02
About

Eightco Holdings Inc. provides inventory management and corrugated custom packaging solutions in North America and Europe. It operates in two segments, Inventory Management Solutions and Corrugated Packaging. The company provides funding solutions for e-commerce businesses. It also manufactures and sells custom packaging for various products. The company was formerly known as Cryptyde, Inc. and c… Read more