Grand Foundry Limited Asset Resilience Ratio
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 Grand Foundry Limited (GFSTEELS) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Grand Foundry Limited (2017–2022)
Asset resilience ratio of Grand Foundry Limited from 2017 to 2022. This chart shows how Grand Foundry Limited's Asset Resilience Ratio has changed over time. Read GFSTEELS total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see GFSTEELS total asset value.
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 |
|---|---|---|
|
CSN Mineração S.A
SA:CMIN3 |
Steel | 10.02% |
|
Nanjing Iron & Steel Co Ltd
SHG:600282 |
Steel | 1.89% |
|
HBIS Co Ltd
SHE:000709 |
Steel | 0.20% |
|
KIOCL Limited
NSE:KIOCL |
Steel | 34.29% |
|
Godawari Power And Ispat limited
NSE:GPIL |
Steel | 16.56% |
|
Usinas Siderúrgicas de Minas Gerais S.A
SA:USIM3 |
Steel | 4.49% |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231 |
Steel | 0.02% |
|
Man Industries (India) Limited
NSE:MANINDS |
Steel | 18.99% |
Grand Foundry Limited Asset Resilience Ratio by Year (2017–2022)
Grand Foundry Limited asset resilience ratio by year from 2017 to 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