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. See TETE free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

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 Technology & Telecommunication balance sheet quality to measure how much of total assets are equity-financed.

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
Artius II Acquisition Inc. Units
NASDAQ:AACBU
Shell Companies 99.93%
Lionsgate Studios Holding Corp. (to be renamed Lionsgate Studios Corp.)
NYSE:LION
Shell Companies -9.50%
Centurion Acquisition Corp.
NASDAQ:ALF
Shell Companies 99.95%
Global Partner Acquisition II Corp
NASDAQ:GPAC
Shell Companies 99.76%
FG Merger II Corp. Unit
NASDAQ:FGMCU
Shell Companies 1150.63%
Global Lights Acquisition Corp Ordinary Shares
NASDAQ:GLAC
Shell Companies 1.64%

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
#20585 Global
#4598 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