Cubex Tubings Limited - Asset Resilience Ratio
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. Read CUBEXTUB total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2023)
This chart shows how Cubex Tubings Limited's Asset Resilience Ratio has changed over time. See CUBEXTUB net asset value for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Capstone Mining Corp
TO:CS |
Copper | 4.46% |
|
Pengxin International Mining Co Ltd
SHG:600490 |
Copper | 1.74% |
|
Ero Copper Corp
TO:ERO |
Copper | 3.53% |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697 |
Copper | 0.25% |
|
Xinke Material
SHG:600255 |
Copper | 0.00% |
|
MAC Copper Ltd
AU:MAC |
Copper | 0.41% |
|
Marimaca Copper Corp
TO:MARI |
Copper | 19.42% |
|
LCY Technology Corp
TW:4989 |
Copper | -0.13% |
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 |
-- |
About Cubex Tubings Limited
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