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. See Ankit Metal & Power Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see ANKITMETAL total assets.

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. Explore ANKITMETAL long-term investments to assets to see how much of total assets are deployed in long-term investments.

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
Ternium SA DRC
BA:TXR
Steel 6.29%
CSN Mineração S.A
SA:CMIN3
Steel 10.02%
Hainan Mining Co Ltd
SHG:601969
Steel 0.58%
SIMS LTD. ADR
F:I8MA
Steel 0.78%
Sarda Energy & Minerals Limited
NSE:SARDAEN
Steel 13.33%
Companhia Siderúrgica Nacional
MX:SIDN
Steel 0.91%
Fushun Special Steel Co Ltd
SHG:600399
Steel 0.53%
Bengang Steel Plates Co Ltd
SHE:000761
Steel 0.71%

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
$2.64 Million
Rs244.12 Million INR
Market Cap Rank
#29749 Global
#1657 in India
Share Price
Rs1.73
Change (1 day)
+1.76%
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