Grand Foundry Limited - Asset Resilience Ratio
Grand Foundry Limited (GFSTEELS) has an Asset Resilience Ratio of 97.35% as of September 2022. 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. See GFSTEELS FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2022)
This chart shows how Grand Foundry Limited's Asset Resilience Ratio has changed over time. See GFSTEELS net asset quality score to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Grand Foundry 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 GFSTEELS stock market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs68.00K | 0.2% |
| Short-term Investments | Rs32.34 Million | 97.15% |
| Total Liquid Assets | Rs32.40 Million | 97.35% |
Asset Resilience Insights
- Very High Liquidity: Grand Foundry Limited maintains exceptional liquid asset reserves at 97.35% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Grand Foundry Limited Industry Peers by Asset Resilience Ratio
Compare Grand Foundry Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tata Steel Limited
NSE:TATASTEEL |
Steel | 0.33% |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Zhejiang JIULI Hi-tech Metals Co Ltd
SHE:002318 |
Steel | 1.84% |
|
Hyundai Steel
KO:004020 |
Steel | 2.96% |
|
Feng Hsin Steel Co Ltd
TW:2015 |
Steel | 0.94% |
|
Hang Xiao Steel Structure Co Ltd
SHG:600477 |
Steel | 0.00% |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231 |
Steel | 0.02% |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158 |
Steel | 0.00% |
Annual Asset Resilience Ratio for Grand Foundry Limited (2017–2022)
The table below shows the annual Asset Resilience Ratio data for Grand Foundry Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-03-31 | 1.05% | Rs84.02K ≈ $908.66 |
Rs8.00 Million ≈ $86.52K |
-0.21pp |
| 2021-03-31 | 1.26% | Rs227.05K ≈ $2.46K |
Rs18.07 Million ≈ $195.42K |
+0.74pp |
| 2020-03-31 | 0.52% | Rs135.22K ≈ $1.46K |
Rs26.17 Million ≈ $283.05K |
-6.47pp |
| 2019-03-31 | 6.99% | Rs4.03 Million ≈ $43.57K |
Rs57.66 Million ≈ $623.58K |
+6.52pp |
| 2018-03-31 | 0.47% | Rs410.19K ≈ $4.44K |
Rs87.58 Million ≈ $947.19K |
+0.31pp |
| 2017-03-31 | 0.15% | Rs145.18K ≈ $1.57K |
Rs94.47 Million ≈ $1.02 Million |
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About Grand Foundry Limited
Grand Foundry Limited manufactures, exports, and sells bright steel bars and wires in India, the United States, Japan, Singapore, Italy, Australia, and Canada. It also offers pickling and heat treatment lines. The company's products are used for making various kinds of components for automotive, machinery manufacturing, dairy and food processing, chemical and fertilizer, electronics and electrica… Read more