Technology & Telecommunication - Asset Resilience Ratio

Latest as of August 2024: 99.67%

Technology & Telecommunication (TETE) has an Asset Resilience Ratio of 99.67% as of August 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 total liabilities of Technology & Telecommunication for a breakdown of total debt and financial obligations.

Liquid Assets

$31.14 Million
Cash + Short-term Investments

Total Assets

$31.24 Million
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2022–2022)

This chart shows how Technology & Telecommunication's Asset Resilience Ratio has changed over time. See net assets of Technology & Telecommunication for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Technology & Telecommunication'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 Technology & Telecommunication market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $31.14 Million 99.67%
Total Liquid Assets $31.14 Million 99.67%

Asset Resilience Insights

  • Very High Liquidity: Technology & Telecommunication maintains exceptional liquid asset reserves at 99.67% 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.

Technology & Telecommunication Industry Peers by Asset Resilience Ratio

Compare Technology & Telecommunication's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Centurion Acquisition Corp.
NASDAQ:ALF
Shell Companies 99.95%
Blue Water Acquisition Corp. III Class A Ordinary Shares
NASDAQ:BLUW
Shell Companies 99.64%
Andretti Acquisition Corp. II Class A Ordinary Shares
NASDAQ:POLE
Shell Companies 99.49%
Highview Merger Corp. Class A Ordinary Share
NASDAQ:HVMC
Shell Companies 99.45%
Launch Two Acquisition Corp.
NASDAQ:LPBBU
Shell Companies 99.73%
Melar Acquisition Corp. I Unit
NASDAQ:MACIU
Shell Companies 97.77%
EGH Acquisition Corp. Class A Ordinary Shares
NASDAQ:EGHA
Shell Companies 100.00%

Annual Asset Resilience Ratio for Technology & Telecommunication (2022–2022)

The table below shows the annual Asset Resilience Ratio data for Technology & Telecommunication.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-11-30 99.59% $118.05 Million $118.54 Million --
pp = percentage points

About Technology & Telecommunication

NASDAQ:TETE USA Shell Companies
Market Cap
$72.19 Million
Market Cap Rank
#20459 Global
#4416 in USA
Share Price
$12.08
Change (1 day)
+0.00%
52-Week Range
$12.00 - $12.08
All Time High
$12.50
About

Technology & Telecommunication Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malay… Read more