Ashoka Metcast Limited

NSE:ASHOKAMET India Steel
Market Cap
$4.05 Million
₹350.94 Million INR
Market Cap Rank
#34666 Global
#1930 in India
Share Price
₹14.04
Change (1 day)
+0.36%
52-Week Range
₹13.01 - ₹19.08
All Time High
₹19.08
About

Ashoka Metcast Limited engages in the trading of steel, goods, and other products in India. It provides thermo-mechanically treated, round, flat, mild steel, and angle bars, and steel channels. The company was incorporated in 2009 and is based in Ahmedabad, India.

Ashoka Metcast Limited - Asset Resilience Ratio

Latest as of September 2023: -11.18%

Ashoka Metcast Limited (ASHOKAMET) has an Asset Resilience Ratio of -11.18% 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
₹-161.18 Million
Cash + Short-term Investments
Total Assets
₹1.44 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2024)

This chart shows how Ashoka Metcast Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Ashoka Metcast Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ₹0.00 0%
Short-term Investments ₹-161.18 Million -11.18%
Total Liquid Assets ₹-161.18 Million -11.18%

Asset Resilience Insights

  • Limited Liquidity: Ashoka Metcast Limited maintains only -11.18% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Ashoka Metcast Limited Industry Peers by Asset Resilience Ratio

Compare Ashoka Metcast Limited's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
365330
KQ:365330
Steel 14.10%
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
Steel -0.25%
HBIS Co Ltd
SHE:000709
Steel 0.20%
Sgis Songshan Co Ltd
SHE:000717
Steel 4.93%
Bengang Steel Plates Co Ltd
SHE:000761
Steel 0.71%
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
Steel 0.00%
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
Steel -0.16%
Jiangsu Fasten Co Ltd
SHE:000890
Steel 16.91%

Annual Asset Resilience Ratio for Ashoka Metcast Limited (2018–2024)

The table below shows the annual Asset Resilience Ratio data for Ashoka Metcast Limited.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-03-31 0.73% ₹10.00 Million ₹1.38 Billion +0.73pp
2022-03-31 0.00% ₹261.00 ₹741.77 Million +2.18pp
2019-03-31 -2.18% ₹-6.24 Million ₹286.79 Million -25.84pp
2018-03-31 23.66% ₹70.00 Million ₹295.83 Million --
pp = percentage points