Old Dominion Freight Line Inc Asset Resilience Ratio
Old Dominion Freight Line Inc asset resilience ratio. Old Dominion Freight Line Inc (ODFL) has an Asset Resilience Ratio of 0.57% 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 defensive interval ratio of Old Dominion Freight Line Inc to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Old Dominion Freight Line Inc (2006–2023)
Asset resilience ratio of Old Dominion Freight Line Inc from 2006 to 2023. This chart shows how Old Dominion Freight Line Inc's Asset Resilience Ratio has changed over time. Read ODFL total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Old Dominion Freight Line Inc'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 Old Dominion Freight Line Inc asset portfolio.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $30.27 Million | 0.57% |
| Total Liquid Assets | $30.27 Million | 0.57% |
Asset Resilience Insights
- Limited Liquidity: Old Dominion Freight Line Inc maintains only 0.57% 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.
Old Dominion Freight Line Inc Industry Peers by Asset Resilience Ratio
Compare Old Dominion Freight Line Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
RXO Inc.
NYSE:RXO |
Trucking | 0.52% |
|
GuangDong GenSho Logistics Co
SHG:603813 |
Trucking | 1.52% |
|
Lindsay Australia Ltd
AU:LAU |
Trucking | 2.88% |
|
TFI International Inc
TO:TFII |
Trucking | 2.04% |
|
Mullen Group Ltd.
TO:MTL |
Trucking | 5.79% |
|
Deppon Logistics Co Ltd
SHG:603056 |
Trucking | 11.24% |
|
Dazhong Transportation Group Co Ltd A
SHG:600611 |
Trucking | 9.35% |
|
Hengtong Logistic Co Ltd
SHG:603223 |
Trucking | 1.87% |
Old Dominion Freight Line Inc Asset Resilience Ratio by Year (2006–2023)
Old Dominion Freight Line Inc asset resilience ratio by year from 2006 to 2023. The table below shows the annual Asset Resilience Ratio data for Old Dominion Freight Line Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.00% | $0.00 | $5.51 Billion | -- |
| 2022-12-31 | 1.02% | $49.35 Million | $4.84 Billion | 0.00pp |
| 2021-12-31 | 1.02% | $49.35 Million | $4.84 Billion | -4.26pp |
| 2020-12-31 | 5.28% | $254.43 Million | $4.82 Billion | -2.99pp |
| 2019-12-31 | 8.27% | $330.27 Million | $4.00 Billion | -- |
| 2017-12-31 | 0.00% | $0.00 | $3.07 Billion | -- |
| 2016-12-31 | 0.00% | $0.00 | $2.70 Billion | -- |
| 2015-12-31 | 0.00% | $0.00 | $2.47 Billion | -- |
| 2014-12-31 | 0.00% | $0.00 | $2.24 Billion | -- |
| 2013-12-31 | 0.00% | $0.00 | $1.93 Billion | -- |
| 2012-12-31 | 0.00% | $0.00 | $1.71 Billion | -- |
| 2011-12-31 | 0.00% | $0.00 | $1.51 Billion | -- |
| 2010-12-31 | 0.00% | $0.00 | $1.24 Billion | -- |
| 2008-12-31 | 0.45% | $4.86 Million | $1.07 Billion | -2.03pp |
| 2007-12-31 | 2.48% | $24.38 Million | $981.05 Million | -7.06pp |
| 2006-12-31 | 9.55% | $85.16 Million | $892.19 Million | -- |
About Old Dominion Freight Line Inc
Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation services. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. In addition, the co… Read more