Laxmi Cotspin Limited
Laxmi Cotspin Limited engages in the processing of textiles in India. The company offers cotton yarn, as well as ring spinning, open end, and TFO yarns; cotton bales; oilseeds; and oil mill products, such as gold and silver oil cake, wash oil, and oil sediment. It exports its products to Asian and European countries. The company was incorporated in 2005 and is based in Jalna, India.
Laxmi Cotspin Limited - Asset Resilience Ratio
Laxmi Cotspin Limited (LAXMICOT) has an Asset Resilience Ratio of -0.09% as of March 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2022)
This chart shows how Laxmi Cotspin Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Laxmi Cotspin Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 0% |
| Short-term Investments | ₹-1.00 Million | -0.09% |
| Total Liquid Assets | ₹-1.00 Million | -0.09% |
Asset Resilience Insights
- Limited Liquidity: Laxmi Cotspin Limited maintains only -0.09% 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.
Laxmi Cotspin Limited Industry Peers by Asset Resilience Ratio
Compare Laxmi Cotspin Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465 |
Textile Manufacturing | 19.02% |
|
Kyungbangco.Ltd
KO:000050 |
Textile Manufacturing | 0.01% |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158 |
Textile Manufacturing | 0.06% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Anhui Huamao Textile Co Ltd
SHE:000850 |
Textile Manufacturing | 16.68% |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949 |
Textile Manufacturing | 0.52% |
|
Chonbang
KO:000950 |
Textile Manufacturing | 27.45% |
|
Xinlong Holding Group Co Ltd
SHE:000955 |
Textile Manufacturing | 14.63% |
Annual Asset Resilience Ratio for Laxmi Cotspin Limited (2013–2022)
The table below shows the annual Asset Resilience Ratio data for Laxmi Cotspin Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-03-31 | 0.09% | ₹1.00 Million | ₹1.08 Billion | +0.05pp |
| 2015-03-31 | 0.04% | ₹379.00K | ₹860.12 Million | +0.03pp |
| 2014-03-31 | 0.02% | ₹144.00K | ₹820.81 Million | +0.01pp |
| 2013-03-31 | 0.00% | ₹34.00K | ₹714.43 Million | -- |