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 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Technology & Telecommunication balance sheet assets.

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. Read Technology & Telecommunication balance sheet liabilities for a breakdown of total debt and financial obligations.

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
HCM II Acquisition Corp. Unit
NASDAQ:HONDU
Shell Companies 99.63%
Centurion Acquisition Corp.
NASDAQ:ALF
Shell Companies 99.95%
Rithm Acquisition Corp.
NYSE:RAC
Shell Companies 0.35%

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
#20551 Global
#4663 in USA
Share Price
$12.08
Change (1 day)
+0.00%
52-Week Range
$12.08 - $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