Patrick Industries Inc - Asset Resilience Ratio
Patrick Industries Inc (PATK) has an Asset Resilience Ratio of 0.10% as of December 2019. 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 PATK 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 (2011–2019)
This chart shows how Patrick Industries Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Patrick Industries Inc.
Liquid Assets Composition Over Time
This chart breaks down Patrick Industries Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore PATK long-term investments to assets 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 | $1.41 Million | 0.1% |
| Total Liquid Assets | $1.41 Million | 0.10% |
Asset Resilience Insights
- Limited Liquidity: Patrick Industries Inc maintains only 0.10% 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.
Patrick Industries Inc Industry Peers by Asset Resilience Ratio
Compare Patrick Industries Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A
SHE:301322 |
Recreational Vehicles | 29.33% |
|
Vmoto Ltd
AU:VMT |
Recreational Vehicles | 0.00% |
|
BRP Inc
TO:DOO |
Recreational Vehicles | 7.71% |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129 |
Recreational Vehicles | 0.07% |
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787 |
Recreational Vehicles | 21.37% |
|
Trigano S.A.
PA:TRI |
Recreational Vehicles | 3.98% |
|
Bénéteau S.A.
PA:BEN |
Recreational Vehicles | 7.75% |
|
Fountaine Pajo
PA:ALFPC |
Recreational Vehicles | 25.78% |
Annual Asset Resilience Ratio for Patrick Industries Inc (2011–2019)
The table below shows the annual Asset Resilience Ratio data for Patrick Industries Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 0.10% | $1.41 Million | $1.47 Billion | -0.09pp |
| 2018-12-31 | 0.19% | $2.30 Million | $1.23 Billion | -- |
| 2017-12-31 | 0.00% | $0.00 | $866.64 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $534.95 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $386.05 Million | -- |
| 2014-12-31 | 0.00% | $0.00 | $255.56 Million | -- |
| 2013-12-31 | 0.00% | $0.00 | $174.19 Million | -- |
| 2012-12-31 | 0.00% | $0.00 | $143.47 Million | -- |
| 2011-12-31 | 0.00% | $0.00 | $85.77 Million | -- |
About Patrick Industries Inc
Patrick Industries, Inc. manufactures and distributes component and materials for recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. The company operates through Manufacturing and Distribution segments. Its Manufacturing segment manufactures and sells laminated for furniture, shelving, wall, countertop, and cabi… Read more