TrueCar Inc - Asset Resilience Ratio
TrueCar Inc (TRUE) has an Asset Resilience Ratio of 4.48% as of June 2021. 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 TRUE capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2020)
This chart shows how TrueCar Inc's Asset Resilience Ratio has changed over time. See TRUE net asset quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down TrueCar Inc'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 TrueCar Inc market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $19.22 Million | 4.48% |
| Total Liquid Assets | $19.22 Million | 4.48% |
Asset Resilience Insights
- Limited Liquidity: TrueCar Inc maintains only 4.48% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
TrueCar Inc Industry Peers by Asset Resilience Ratio
Compare TrueCar Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Spotify Technology SA
NYSE:SPOT |
Internet Content & Information | 26.59% |
|
Kakao Corp
KO:035720 |
Internet Content & Information | 13.58% |
|
IAC Inc.
NASDAQ:IAC |
Internet Content & Information | 0.00% |
|
CAR Group Ltd
AU:CAR |
Internet Content & Information | 4.86% |
|
Builddirect.com Tehcnologies Inc
V:BILD |
Internet Content & Information | 0.00% |
|
Sportshero Ltd
AU:SHO |
Internet Content & Information | 4.05% |
|
REA Group Ltd
AU:REA |
Internet Content & Information | 12.53% |
|
Seek Ltd
AU:SEK |
Internet Content & Information | 0.00% |
Annual Asset Resilience Ratio for TrueCar Inc (2012–2020)
The table below shows the annual Asset Resilience Ratio data for TrueCar Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 4.35% | $19.91 Million | $458.06 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $384.83 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $294.45 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $302.37 Million | -- |
| 2014-12-31 | 0.00% | $0.00 | $296.95 Million | -- |
| 2013-12-31 | 1.14% | $2.00 Million | $174.75 Million | -0.58pp |
| 2012-12-31 | 1.72% | $2.50 Million | $145.24 Million | -- |
About TrueCar Inc
TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. The company operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. It also provides TrueCar Access, which offer… Read more