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. Check ANKITMETAL PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

Rs67.97 Million
≈ $735.07K USD Cash + Short-term Investments

Total Assets

Rs11.78 Billion
≈ $127.37 Million USD 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. See Ankit Metal & Power Limited balance sheet independence to measure how much of total assets are equity-financed.

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 how much is Ankit Metal & Power Limited worth.

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
Tata Steel Limited
NSE:TATASTEEL
Steel 0.33%
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
Steel 0.00%
Zhejiang JIULI Hi-tech Metals Co Ltd
SHE:002318
Steel 1.84%
Hyundai Steel
KO:004020
Steel 2.96%
Feng Hsin Steel Co Ltd
TW:2015
Steel 0.94%
Hang Xiao Steel Structure Co Ltd
SHG:600477
Steel 0.00%
Lingyuan Iron & Steel Co Ltd
SHG:600231
Steel 0.02%
Zhejiang Huada New Materials Co Ltd
SHG:605158
Steel 0.00%

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
--
pp = percentage points

About Ankit Metal & Power Limited

NSE:ANKITMETAL India Steel
Market Cap
$2.37 Million
Rs218.72 Million INR
Market Cap Rank
#29776 Global
#1660 in India
Share Price
Rs1.55
Change (1 day)
+1.31%
52-Week Range
Rs1.29 - Rs2.11
All Time High
Rs20.75
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