Ankit Metal & Power Limited - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2007–2023)
This chart shows how Ankit Metal & Power Limited's Asset Resilience Ratio has changed over time. Check Ankit Metal & Power Limited strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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. For market capitalisation and broader financial context, see market cap of Ankit Metal & Power Limited.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs10.98 Million | 0.09% |
| Short-term Investments | Rs56.99 Million | 0.48% |
| Total Liquid Assets | Rs67.97 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 |
|---|---|---|
|
Jindal Steel & Power Limited
NSE:JINDALSTEL |
Steel | 2.16% |
|
Jindal Stainless Limited
NSE:JSL |
Steel | 0.00% |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Hunan Valin Steel Co Ltd
SHE:000932 |
Steel | 0.99% |
|
BCI Minerals Ltd
AU:BCI |
Steel | 6.70% |
|
Anyang Iron & Steel Inc
SHG:600569 |
Steel | 0.05% |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158 |
Steel | 0.00% |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B
IS:KRDMB |
Steel | 0.21% |
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% | Rs67.93 Million ≈ $734.64K |
Rs11.95 Billion ≈ $129.24 Million |
+0.52pp |
| 2022-03-31 | 0.05% | Rs6.49 Million ≈ $70.17K |
Rs12.19 Billion ≈ $131.87 Million |
-0.02pp |
| 2021-03-31 | 0.07% | Rs9.08 Million ≈ $98.16K |
Rs12.16 Billion ≈ $131.56 Million |
+0.03pp |
| 2020-03-31 | 0.05% | Rs6.21 Million ≈ $67.17K |
Rs12.75 Billion ≈ $137.93 Million |
+0.00pp |
| 2019-03-31 | 0.05% | Rs6.44 Million ≈ $69.69K |
Rs14.30 Billion ≈ $154.66 Million |
-3.50pp |
| 2018-03-31 | 3.55% | Rs526.95 Million ≈ $5.70 Million |
Rs14.85 Billion ≈ $160.63 Million |
+0.15pp |
| 2017-03-31 | 3.39% | Rs548.91 Million ≈ $5.94 Million |
Rs16.17 Billion ≈ $174.88 Million |
+2.99pp |
| 2016-03-31 | 0.40% | Rs75.92 Million ≈ $821.04K |
Rs18.99 Billion ≈ $205.38 Million |
-1.20pp |
| 2007-03-31 | 1.60% | Rs35.21 Million ≈ $380.80K |
Rs2.20 Billion ≈ $23.82 Million |
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About Ankit Metal & Power Limited
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