Raytech Holding Limited Ordinary Shares - Asset Resilience Ratio

Latest as of June 2024: 32.68%

Raytech Holding Limited Ordinary Shares (RAY) has an Asset Resilience Ratio of 32.68% 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 Raytech Holding Limited Ordinary Shares (RAY) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Liquid Assets

$31.30 Million
Cash + Short-term Investments

Total Assets

$95.78 Million
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2024–2024)

This chart shows how Raytech Holding Limited Ordinary Shares's Asset Resilience Ratio has changed over time. See net asset quality index of Raytech Holding Limited Ordinary Shares to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Raytech Holding Limited Ordinary Shares'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 market cap of Raytech Holding Limited Ordinary Shares.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $31.30 Million 32.68%
Total Liquid Assets $31.30 Million 32.68%

Asset Resilience Insights

  • Very High Liquidity: Raytech Holding Limited Ordinary Shares maintains exceptional liquid asset reserves at 32.68% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Raytech Holding Limited Ordinary Shares Industry Peers by Asset Resilience Ratio

Compare Raytech Holding Limited Ordinary Shares's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Hunan Resun Co Ltd
SHE:001218
Household & Personal Products 6.95%
Tianjin Yiyi Hygiene Products Co Ltd
SHE:001206
Household & Personal Products 24.73%
DR.Wu Skincare Co Ltd
TWO:6523
Household & Personal Products 32.04%
FN REPUBLIC Co. Ltd
KQ:064090
Household & Personal Products 16.93%
Mastrad
PA:ALMAS
Household & Personal Products 0.35%
Rigolleau SA
BA:RIGO
Household & Personal Products 0.27%
ZOONO Group Ltd
AU:ZNO
Household & Personal Products 9.18%
Skin Elements Ltd
AU:SKN
Household & Personal Products 21.26%

Annual Asset Resilience Ratio for Raytech Holding Limited Ordinary Shares (2024–2024)

The table below shows the annual Asset Resilience Ratio data for Raytech Holding Limited Ordinary Shares.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-03-31 53.86% $31.30 Million $58.11 Million --
pp = percentage points

About Raytech Holding Limited Ordinary Shares

NASDAQ:RAY USA Household & Personal Products
Market Cap
$9.94 Million
Market Cap Rank
#27072 Global
#5538 in USA
Share Price
$3.34
Change (1 day)
+7.74%
52-Week Range
$0.17 - $4.95
All Time High
$4.95
About

Raytech Holding Limited, through its subsidiary, engages in the sourcing and wholesale of personal care and lifestyle electrical appliances for international brand owners in Hong Kong and Japan. The company offers hair care products, such as hair dryers and clippers, hair straighteners, curling iron products, and scalp massagers; trimmer series, including facial shavers, nose trimmers, and eyebro… Read more