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. See working capital position of Laxmi Cotspin Limited to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see Laxmi Cotspin Limited total assets.
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. Read Laxmi Cotspin Limited total liabilities for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 0% |
| Short-term Investments | Rs-1.00 Million | -0.09% |
| Total Liquid Assets | Rs-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 |
|---|---|---|
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042 |
Textile Manufacturing | 4.53% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327 |
Textile Manufacturing | 16.99% |
|
Indo Count Industries Limited
NSE:ICIL |
Textile Manufacturing | 13.59% |
|
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427 |
Textile Manufacturing | 0.01% |
|
Shenzhen Huijie Group Co Ltd
SHE:002763 |
Textile Manufacturing | -2.80% |
|
Annil Co Ltd
SHE:002875 |
Textile Manufacturing | 0.01% |
|
Mayur Uniquoters Ltd
NSE:MAYURUNIQ |
Textile Manufacturing | 9.73% |
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% | Rs1.00 Million ≈ $10.82K |
Rs1.08 Billion ≈ $11.63 Million |
+0.05pp |
| 2015-03-31 | 0.04% | Rs379.00K ≈ $4.10K |
Rs860.12 Million ≈ $9.30 Million |
+0.03pp |
| 2014-03-31 | 0.02% | Rs144.00K ≈ $1.56K |
Rs820.81 Million ≈ $8.88 Million |
+0.01pp |
| 2013-03-31 | 0.00% | Rs34.00K ≈ $367.70 |
Rs714.43 Million ≈ $7.73 Million |
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About 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.