Surgepays Inc Asset Resilience Ratio

Latest as of September 2024: 24.26%

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. See SURG days of operational coverage to measure how many days the company can operate on defensive assets alone.

Liquid Assets

$10.07 Million
Cash + Short-term Investments

Total Assets

$41.50 Million
All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio of Surgepays Inc (2015–2020)

Asset resilience ratio of Surgepays Inc from 2015 to 2020. This chart shows how Surgepays Inc's Asset Resilience Ratio has changed over time. Read how much debt does Surgepays Inc carry for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see Surgepays Inc asset portfolio.

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
China Telecom Corp Ltd
SHG:601728
Telecom Services 3.31%
BCE Inc
TO:BCE
Telecom Services 0.01%
Telenor ASA
OL:TEL
Telecom Services 3.40%
Tuas Ltd
AU:TUA
Telecom Services 16.19%
Beijing Waluer Information Technology Co. Ltd. A
SHE:301380
Telecom Services 3.65%
NOVA Technology Corporation Limited
SHE:300921
Telecom Services 55.22%
Bd Multimedia
PA:ALBDM
Telecom Services 14.38%
Telecom Argentina
BA:TECO2
Telecom Services 1.94%

Surgepays Inc Asset Resilience Ratio by Year (2015–2020)

Surgepays Inc asset resilience ratio by year from 2015 to 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 $3.08 Million --
2016-12-31 0.00% $0.00 $2.36 Million --
2015-12-31 0.00% $0.00 $2.63 Million --
pp = percentage points

About Surgepays Inc

NASDAQ:SURG USA Telecom Services
Market Cap
$3.83 Million
Market Cap Rank
#29043 Global
#5948 in USA
Share Price
$0.15
Change (1 day)
-0.91%
52-Week Range
$0.12 - $2.85
All Time High
$63.00
About

SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates in three segments: MVNO wireless brands; MVNE enablement platform (HERO); and point-of-sale (POS) and fintech services. The company offers mobile broadband solutions to consumers; ACH banking relationships and fintech transactions platform to convenience stores… Read more