Spentex Industries Limited
CLC Industries Limited, a textile company, engages in the manufacture and trading of synthetic and cotton yarns in India. The company was formerly known as Spentex Industries Limited and changed its name to CLC Industries Limited in July 2018. CLC Industries Limited was incorporated in 1991 and is based in New Delhi, India.
Spentex Industries Limited - Asset Resilience Ratio
Spentex Industries Limited (SPENTEX) has an Asset Resilience Ratio of 1.30% as of March 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how Spentex Industries 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 Spentex Industries 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 | ₹12.42 Million | 1.3% |
| Total Liquid Assets | ₹12.42 Million | 1.30% |
Asset Resilience Insights
- Limited Liquidity: Spentex Industries Limited maintains only 1.30% 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.
Spentex Industries Limited Industry Peers by Asset Resilience Ratio
Compare Spentex Industries 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 Spentex Industries Limited (2016–2024)
The table below shows the annual Asset Resilience Ratio data for Spentex Industries Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-03-31 | 1.30% | ₹12.42 Million | ₹957.48 Million | +1.25pp |
| 2023-03-31 | 0.04% | ₹868.00K | ₹2.03 Billion | +0.00pp |
| 2022-03-31 | 0.04% | ₹868.00K | ₹2.12 Billion | -18.69pp |
| 2019-03-31 | 18.73% | ₹457.32 Million | ₹2.44 Billion | +14.56pp |
| 2018-03-31 | 4.18% | ₹110.93 Million | ₹2.66 Billion | +0.82pp |
| 2017-03-31 | 3.36% | ₹141.12 Million | ₹4.20 Billion | +0.16pp |
| 2016-03-31 | 3.21% | ₹237.60 Million | ₹7.41 Billion | -- |