Tian Ruixiang Holdings Ltd - Asset Resilience Ratio

Latest as of October 2024: 70.26%

Tian Ruixiang Holdings Ltd (TIRX) has an Asset Resilience Ratio of 70.26% as of October 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. Check strategic asset allocation of Tian Ruixiang Holdings Ltd to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$28.09 Million
Cash + Short-term Investments

Total Assets

$39.98 Million
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2024)

This chart shows how Tian Ruixiang Holdings Ltd's Asset Resilience Ratio has changed over time. See Tian Ruixiang Holdings Ltd balance sheet independence to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Tian Ruixiang Holdings Ltd'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 how much is Tian Ruixiang Holdings Ltd worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $28.09 Million 70.26%
Total Liquid Assets $28.09 Million 70.26%

Asset Resilience Insights

  • Very High Liquidity: Tian Ruixiang Holdings Ltd maintains exceptional liquid asset reserves at 70.26% 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.

Tian Ruixiang Holdings Ltd Industry Peers by Asset Resilience Ratio

Compare Tian Ruixiang Holdings Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Steadfast Group Ltd
AU:SDF
Insurance Brokers 6.24%
AUB Group Ltd
AU:AUB
Insurance Brokers 27.76%
Wiz Soluções e Corretagem de Seguros S.A
SA:WIZC3
Insurance Brokers 0.40%
Banvida
SN:BANVIDA
Insurance Brokers 0.65%
Aon PLC
F:4VK
Insurance Brokers 0.46%
AUB GROUP LTD.
F:A5H
Insurance Brokers 0.03%
Fanhua Inc
F:4CIA
Insurance Brokers 15.16%
PB Fintech Limited
NSE:POLICYBZR
Insurance Brokers 15.57%

Annual Asset Resilience Ratio for Tian Ruixiang Holdings Ltd (2021–2024)

The table below shows the annual Asset Resilience Ratio data for Tian Ruixiang Holdings Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-10-31 70.26% $28.09 Million $39.98 Million -5.27pp
2023-10-31 75.53% $26.80 Million $35.48 Million +0.79pp
2022-10-31 74.73% $26.18 Million $35.03 Million --
2021-10-31 0.00% $0.00 $40.35 Million --
pp = percentage points

About Tian Ruixiang Holdings Ltd

NASDAQ:TIRX USA Insurance Brokers
Market Cap
$655.65K
Market Cap Rank
#30732 Global
#6139 in USA
Share Price
$0.01
Change (1 day)
+2.82%
52-Week Range
$0.00 - $3.36
All Time High
$2399.75
About

Tian Ruixiang Holdings Ltd., together its subsidiaries, operates as an insurance broker in China. It distributes property and casualty insurance products, such as commercial property, liability, accidental, and automobile insurance; and health, life, and miscellaneous insurance products. Tian Ruixiang Holdings Ltd. was founded in 2010 and is headquartered in Beijing, China.