Ankit Metal & Power Limited

NSE:ANKITMETAL India Steel
Market Cap
$2.49 Million
₹215.90 Million INR
Market Cap Rank
#36766 Global
#2033 in India
Share Price
₹1.53
Change (1 day)
-1.92%
52-Week Range
₹1.53 - ₹2.51
All Time High
₹20.75
About

Ankit Metal & Power Limited manufactures and sells iron and steel products in India. The company offers sponge iron, M.S. billets, TMT bars, pig iron, silico manganese, power, ferro silicon, wire Rods, and rolled products. It serves real estate developers, construction units, forging units, wire drawing units, railways, and engineering industries. The company was incorporated in 2002 and is based… Read more

Ankit Metal & Power Limited - Asset Resilience Ratio

Latest as of September 2023: 0.58%

Ankit Metal & Power Limited (ANKITMETAL) has an Asset Resilience Ratio of 0.58% as of September 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.

Liquid Assets
₹67.97 Million
Cash + Short-term Investments
Total Assets
₹11.78 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2007–2023)

This chart shows how Ankit Metal & Power Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Ankit Metal & Power Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ₹10.98 Million 0.09%
Short-term Investments ₹56.99 Million 0.48%
Total Liquid Assets ₹67.97 Million 0.58%

Asset Resilience Insights

  • Limited Liquidity: Ankit Metal & Power Limited maintains only 0.58% 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.

Ankit Metal & Power Limited Industry Peers by Asset Resilience Ratio

Compare Ankit Metal & Power Limited's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
365330
KQ:365330
Steel 14.10%
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
Steel -0.25%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Sgis Songshan Co Ltd
SHE:000717
Steel 4.93%
Bengang Steel Plates Co Ltd
SHE:000761
Steel 0.71%
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
Steel 0.00%
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
Steel -0.16%
Jiangsu Fasten Co Ltd
SHE:000890
Steel 16.91%

Annual Asset Resilience Ratio for Ankit Metal & Power Limited (2007–2023)

The table below shows the annual Asset Resilience Ratio data for Ankit Metal & Power Limited.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-03-31 0.57% ₹67.93 Million ₹11.95 Billion +0.52pp
2022-03-31 0.05% ₹6.49 Million ₹12.19 Billion -0.02pp
2021-03-31 0.07% ₹9.08 Million ₹12.16 Billion +0.03pp
2020-03-31 0.05% ₹6.21 Million ₹12.75 Billion +0.00pp
2019-03-31 0.05% ₹6.44 Million ₹14.30 Billion -3.50pp
2018-03-31 3.55% ₹526.95 Million ₹14.85 Billion +0.15pp
2017-03-31 3.39% ₹548.91 Million ₹16.17 Billion +2.99pp
2016-03-31 0.40% ₹75.92 Million ₹18.99 Billion -1.20pp
2007-03-31 1.60% ₹35.21 Million ₹2.20 Billion --
pp = percentage points