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. Read ANKITMETAL total liabilities for a breakdown of total debt and financial obligations.
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. See Ankit Metal & Power Limited book value and equity for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Vallourec
PA:VK |
Steel | -1.12% |
|
Industrias CH S. A. B. de C. V
MX:ICHB |
Steel | 0.17% |
|
Ternium Argentina SA
BA:TXAR |
Steel | 13.34% |
|
Godawari Power And Ispat limited
NSE:GPIL |
Steel | 16.56% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Fushun Special Steel Co Ltd
SHG:600399 |
Steel | 0.80% |
|
Sansteel MinGuang Co Ltd Fujian
SHE:002110 |
Steel | 2.23% |
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