Sacks Parente Golf, Inc. Common Stock - Asset Resilience Ratio

Latest as of September 2024: 38.99%

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 Sacks Parente Golf, Inc. Common Stock leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

Liquid Assets

$1.31 Million
Cash + Short-term Investments

Total Assets

$3.36 Million
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Sacks Parente Golf, Inc. Common Stock's Asset Resilience Ratio has changed over time. See net asset quality index of Sacks Parente Golf, Inc. Common Stock to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see Sacks Parente Golf, Inc. Common Stock market cap and net worth.

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
CoCreation Grass Co Ltd
SHG:605099
Leisure 16.38%
Joy Kie Corporation Limited.
SHE:300994
Leisure 3.20%
Heng Sheng Holding Group Limited
KQ:900270
Leisure 0.01%
Atlas Cycles (Haryana) Limited
NSE:ATLASCYCLE
Leisure 0.27%
Toys R US ANZ Ltd
AU:TOY
Leisure 0.04%
Coast Entertainment Holdings Ltd
AU:CEH
Leisure 14.40%
Viva Leisure Ltd
AU:VVA
Leisure 0.00%
Experience Co Ltd
AU:EXP
Leisure 4.49%

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.
pp = percentage points

About Sacks Parente Golf, Inc. Common Stock

NASDAQ:SPGC USA Leisure
Market Cap
$534.93K
Market Cap Rank
#30824 Global
#6152 in USA
Share Price
$1.80
Change (1 day)
+0.00%
52-Week Range
$1.80 - $1.80
All Time High
$289.70
About

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