Cubex Tubings Limited - Asset Resilience Ratio

Latest as of March 2023: 0.88%

Cubex Tubings Limited (CUBEXTUB) has an Asset Resilience Ratio of 0.88% as of March 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 CUBEXTUB strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

Rs8.59 Million
≈ $92.92K USD Cash + Short-term Investments

Total Assets

Rs972.86 Million
≈ $10.52 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2023)

This chart shows how Cubex Tubings Limited's Asset Resilience Ratio has changed over time. See Cubex Tubings Limited (CUBEXTUB) balance sheet quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Cubex Tubings 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 Cubex Tubings Limited market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Rs8.59 Million 0.88%
Short-term Investments Rs0.00 0%
Total Liquid Assets Rs8.59 Million 0.88%

Asset Resilience Insights

  • Limited Liquidity: Cubex Tubings Limited maintains only 0.88% 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.

Cubex Tubings Limited Industry Peers by Asset Resilience Ratio

Compare Cubex Tubings Limited's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
Copper 0.44%
Capstone Mining Corp
TO:CS
Copper 4.46%
Pengxin International Mining Co Ltd
SHG:600490
Copper 1.34%
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
Copper 0.00%
Marimaca Copper Corp
TO:MARI
Copper 19.42%
Antofagasta PLC
LSE:ANTO
Copper 8.21%
WA1 Resources Ltd
AU:WA1
Copper 0.00%
Los Andes Copper Limited
V:LA
Copper 22.78%

Annual Asset Resilience Ratio for Cubex Tubings Limited (2017–2023)

The table below shows the annual Asset Resilience Ratio data for Cubex Tubings Limited.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-03-31 0.88% Rs8.59 Million
≈ $92.92K
Rs972.86 Million
≈ $10.52 Million
-0.21pp
2022-03-31 1.09% Rs10.16 Million
≈ $109.87K
Rs932.12 Million
≈ $10.08 Million
-0.13pp
2021-03-31 1.22% Rs10.45 Million
≈ $113.05K
Rs859.57 Million
≈ $9.30 Million
-1.16pp
2020-03-31 2.37% Rs18.71 Million
≈ $202.36K
Rs788.27 Million
≈ $8.52 Million
-0.15pp
2019-03-31 2.53% Rs19.97 Million
≈ $215.99K
Rs790.36 Million
≈ $8.55 Million
-0.86pp
2018-03-31 3.39% Rs25.25 Million
≈ $273.04K
Rs745.71 Million
≈ $8.06 Million
-1.52pp
2017-03-31 4.91% Rs33.61 Million
≈ $363.47K
Rs684.52 Million
≈ $7.40 Million
--
pp = percentage points

About Cubex Tubings Limited

NSE:CUBEXTUB India Copper
Market Cap
$13.35 Million
Rs1.23 Billion INR
Market Cap Rank
#26324 Global
#1465 in India
Share Price
Rs86.19
Change (1 day)
+0.75%
52-Week Range
Rs73.94 - Rs129.49
All Time High
Rs134.03
About

Cubex Tubings Limited manufactures and sells copper and copper based alloy products in India and internationally. It offers copper products, such as DLP, DHP, ETP, and medical gas copper tubes; copper round and bus bars; and copper wires and profiles. The company also provides copper alloy products, including admiralty brass and aluminum brass tubes, as well as copper nickel tubes. In addition, i… Read more