CoinSmart Financial Inc Asset Resilience Ratio
CoinSmart Financial Inc asset resilience ratio. CoinSmart Financial Inc (SMRT) has an Asset Resilience Ratio of 66.21% as of March 2023. 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 SMRT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of CoinSmart Financial Inc (2020–2022)
Asset resilience ratio of CoinSmart Financial Inc from 2020 to 2022. This chart shows how CoinSmart Financial Inc's Asset Resilience Ratio has changed over time. Read SMRT current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down CoinSmart Financial Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see total assets of CoinSmart Financial Inc.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$46.20 Million | 66.21% |
| Total Liquid Assets | CA$46.20 Million | 66.21% |
Asset Resilience Insights
- Very High Liquidity: CoinSmart Financial Inc maintains exceptional liquid asset reserves at 66.21% 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.
CoinSmart Financial Inc Industry Peers by Asset Resilience Ratio
Compare CoinSmart Financial Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
WebCash Corporation
KQ:053580 |
Financial Technology (Fintech) & Infrastructure | 5.85% |
CoinSmart Financial Inc Asset Resilience Ratio by Year (2020–2022)
CoinSmart Financial Inc asset resilience ratio by year from 2020 to 2022. The table below shows the annual Asset Resilience Ratio data for CoinSmart Financial Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 51.18% | CA$27.36 Million ≈ $19.79 Million |
CA$53.46 Million ≈ $38.67 Million |
-22.21pp |
| 2021-12-31 | 73.38% | CA$60.91 Million ≈ $44.06 Million |
CA$83.00 Million ≈ $60.04 Million |
+14.44pp |
| 2020-12-31 | 58.95% | CA$7.96 Million ≈ $5.76 Million |
CA$13.51 Million ≈ $9.77 Million |
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About CoinSmart Financial Inc
CoinSmart Financial Inc., a fintech company, operates online crypto asset trading platform in Canada, Europe, and the United States. Its platform provides a secure and intuitive platform for trading crypto assets. CoinSmart Financial Inc. is headquartered in Toronto, Canada.