Ankit Metal & Power Limited Asset Resilience Ratio
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. See Ankit Metal & Power Limited (ANKITMETAL) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Ankit Metal & Power Limited (2007–2023)
Asset resilience ratio of Ankit Metal & Power Limited from 2007 to 2023. This chart shows how Ankit Metal & Power Limited's Asset Resilience Ratio has changed over time. Read ANKITMETAL total debt and obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Ankit Metal & Power Limited (ANKITMETAL) total assets.
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 |
|---|---|---|
|
Voestalpine AG
VI:VOE |
Steel | 0.68% |
|
NMDC Limited
NSE:NMDC |
Steel | 24.80% |
|
Hang Zhou Iron & Steel Co Ltd
SHG:600126 |
Steel | 2.38% |
|
Shandong Iron and Steel Co Ltd
SHG:600022 |
Steel | 0.00% |
|
Shandong Yulong Gold Co Ltd
SHG:601028 |
Steel | 0.02% |
|
SANDUR MANGANESE AND IRON ORES LTD
NSE:SANDUMA |
Steel | 3.16% |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231 |
Steel | 0.02% |
|
KISCO Corp
KO:104700 |
Steel | 43.80% |
Ankit Metal & Power Limited Asset Resilience Ratio by Year (2007–2023)
Ankit Metal & Power Limited asset resilience ratio by year from 2007 to 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