Redtape Limited - Asset Resilience Ratio

Latest as of September 2024: 0.10%

Redtape Limited (REDTAPE) has an Asset Resilience Ratio of 0.10% as of September 2024. 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 REDTAPE current and long-term liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

Rs18.90 Million
≈ $204.40K USD Cash + Short-term Investments

Total Assets

Rs18.57 Billion
≈ $200.82 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2024–2024)

This chart shows how Redtape Limited's Asset Resilience Ratio has changed over time. See Redtape Limited book value and equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Redtape 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 how much is Redtape Limited worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Rs0.00 0%
Short-term Investments Rs18.90 Million 0.1%
Total Liquid Assets Rs18.90 Million 0.10%

Asset Resilience Insights

  • Limited Liquidity: Redtape Limited maintains only 0.10% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Redtape Limited Industry Peers by Asset Resilience Ratio

Compare Redtape Limited's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
On Holding Ltd
NYSE:ONON
Footwear & Accessories 2.29%
Anhui Korrun Co Ltd
SHE:300577
Footwear & Accessories 0.00%
Alpargatas S.A
SA:ALPA3
Footwear & Accessories 13.06%
Shandong Tongda Island New Materials Co Ltd
SHE:300321
Footwear & Accessories 1.49%
Zhejiang Aokang Shoes Co Ltd
SHG:603001
Footwear & Accessories 0.12%
InBioGen Co Ltd
KO:101140
Footwear & Accessories 64.37%
Merchant House International Ltd
AU:MHI
Footwear & Accessories 62.43%
Grimoldi SA
BA:GRIM
Footwear & Accessories 11.78%

Annual Asset Resilience Ratio for Redtape Limited (2024–2024)

The table below shows the annual Asset Resilience Ratio data for Redtape Limited.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-03-31 0.13% Rs21.20 Million
≈ $229.27K
Rs15.88 Billion
≈ $171.78 Million
--
pp = percentage points

About Redtape Limited

NSE:REDTAPE India Footwear & Accessories
Market Cap
$768.11 Million
Rs71.02 Billion INR
Market Cap Rank
#10359 Global
#492 in India
Share Price
Rs128.48
Change (1 day)
-1.31%
52-Week Range
Rs109.76 - Rs161.12
All Time High
Rs967.35
About

REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It offers footwear, such as boots, casual and formal shoes, sandals/slippers, sliders/flip flops, and sports shoes; topwear, including jackets, shirts, sweaters, sweat shirts/hoodies, and T-shirts; bottomwear, such as jeans, trousers, shorts, jeggings, and pants; and sports wear com… Read more