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. Check CUBEXTUB strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
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 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 |
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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