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. Read SPGC current and long-term liabilities for a breakdown of total debt and financial obligations.

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 Sacks Parente Golf, Inc. Common Stock net assets for net asset value and shareholders' equity analysis.

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
Beijing Toread Outdoor Product
SHE:300005
Leisure 7.04%
Rastar Group
SHE:300043
Leisure 0.09%
Tivoli A/S
CO:TIV
Leisure -0.31%
Joy Kie Corporation Limited.
SHE:300994
Leisure 0.40%
China Bicycle Co Holdings Ltd
SHE:000017
Leisure 12.81%
Hailun Piano Co Ltd
SHE:300329
Leisure 0.40%
Ideal Bike
TWO:8933
Leisure 1.69%
Rapala VMC Oyj
HE:RAP1V
Leisure -3.82%

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
#30517 Global
#5921 in USA
Share Price
$1.80
Change (1 day)
-12.62%
52-Week Range
$1.60 - $2.16
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