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. Read how much debt does Grand Foundry Limited carry for a breakdown of total debt and financial obligations.
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 assets for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Vallourec
PA:VK |
Steel | -1.12% |
|
Industrias CH S. A. B. de C. V
MX:ICHB |
Steel | 0.17% |
|
Ternium Argentina SA
BA:TXAR |
Steel | 13.34% |
|
Godawari Power And Ispat limited
NSE:GPIL |
Steel | 16.56% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Fushun Special Steel Co Ltd
SHG:600399 |
Steel | 0.80% |
|
Sansteel MinGuang Co Ltd Fujian
SHE:002110 |
Steel | 2.23% |
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