Sacks Parente Golf, Inc. Common Stock - Asset Resilience Ratio
Sacks Parente Golf, Inc. Common Stock (SPGC) has an Asset Resilience Ratio of 38.99% 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 SPGC net 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 (None–None)
This chart shows how Sacks Parente Golf, Inc. Common Stock's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Sacks Parente Golf, Inc. Common Stock assets under control.
Liquid Assets Composition Over Time
This chart breaks down Sacks Parente Golf, Inc. Common Stock's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Sacks Parente Golf, Inc. Common Stock (SPGC) total liabilities 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 | $1.31 Million | 38.99% |
| Total Liquid Assets | $1.31 Million | 38.99% |
Asset Resilience Insights
- Very High Liquidity: Sacks Parente Golf, Inc. Common Stock maintains exceptional liquid asset reserves at 38.99% 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.
Sacks Parente Golf, Inc. Common Stock Industry Peers by Asset Resilience Ratio
Compare Sacks Parente Golf, Inc. Common Stock's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
POP MART INT.GRP.DL-0001
F:735 |
Leisure | 8.68% |
|
Guangdong Jinma Entertainment Corp Ltd
SHE:300756 |
Leisure | 0.72% |
|
Rastar Group
SHE:300043 |
Leisure | 0.09% |
|
Guangdong Banbao Toy Co Ltd
SHG:603398 |
Leisure | 4.09% |
|
E-World
KO:084680 |
Leisure | 0.00% |
|
City Sports and Recreation Public Company Limited
BK:CSR |
Leisure | 5.63% |
|
Coast Entertainment Holdings Ltd
AU:CEH |
Leisure | 14.40% |
|
Viva Leisure Ltd
AU:VVA |
Leisure | 0.00% |
Annual Asset Resilience Ratio for Sacks Parente Golf, Inc. Common Stock (None–None)
The table below shows the annual Asset Resilience Ratio data for Sacks Parente Golf, Inc. Common Stock.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||
About Sacks Parente Golf, Inc. Common Stock
Newton Golf Company, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting g… Read more