Surgepays Inc
SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates in two segments, Mobile Virtual Network Operator (MVNO) Telecommunications and Comprehensive Platform Services. The company offers mobile broadband solutions to consumers; ACH banking relationships and fintech transactions platform to convenience stores; prepai… Read more
Surgepays Inc - Asset Resilience Ratio
Surgepays Inc (SURG) has an Asset Resilience Ratio of 24.26% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2020)
This chart shows how Surgepays Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Surgepays Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $10.07 Million | 24.26% |
| Total Liquid Assets | $10.07 Million | 24.26% |
Asset Resilience Insights
- Good Liquidity Position: Surgepays Inc maintains a healthy 24.26% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Surgepays Inc Industry Peers by Asset Resilience Ratio
Compare Surgepays Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
WQN Inc
PINK:WQNI |
Telecom Services | 16.94% |
|
XOX Technology Bhd
KLSE:0017 |
Telecom Services | 3.13% |
|
Beijing Bewinner Communications Co Ltd
SHE:002148 |
Telecom Services | 29.49% |
|
Net263 Ltd
SHE:002467 |
Telecom Services | 11.81% |
|
Runjian Communication Co Ltd Class A
SHE:002929 |
Telecom Services | 0.59% |
|
Redtone International Bhd
KLSE:0032 |
Telecom Services | 0.10% |
|
Inscobee
KO:006490 |
Telecom Services | 3.01% |
|
Green Packet Bhd
KLSE:0082 |
Telecom Services | 0.00% |
Annual Asset Resilience Ratio for Surgepays Inc (2015–2020)
The table below shows the annual Asset Resilience Ratio data for Surgepays Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 5.66% | $414.61K | $7.33 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $3.15 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $2.36 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $2.63 Million | -- |