BEST Inc - Asset Resilience Ratio
BEST Inc (BEST) has an Asset Resilience Ratio of 1.05% 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. See BEST net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how BEST Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see BEST Inc asset portfolio.
Liquid Assets Composition Over Time
This chart breaks down BEST Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore investment intensity of BEST Inc to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $61.75 Million | 1.05% |
| Total Liquid Assets | $61.75 Million | 1.05% |
Asset Resilience Insights
- Limited Liquidity: BEST Inc maintains only 1.05% 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.
BEST Inc Industry Peers by Asset Resilience Ratio
Compare BEST Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Kerry TJ Logistics Co Ltd
TW:2608 |
Trucking | 0.46% |
|
GuangDong GenSho Logistics Co
SHG:603813 |
Trucking | 1.52% |
|
MingZhu Logistics Holdings Ltd
NASDAQ:YGMZF |
Trucking | 0.17% |
|
Lindsay Australia Ltd
AU:LAU |
Trucking | 2.88% |
|
Tegma Gestão Logística S.A
SA:TGMA3 |
Trucking | 8.16% |
|
TFI International Inc
TO:TFII |
Trucking | 2.04% |
|
Mullen Group Ltd.
TO:MTL |
Trucking | 5.79% |
|
Deppon Logistics Co Ltd
SHG:603056 |
Trucking | 11.24% |
Annual Asset Resilience Ratio for BEST Inc (2015–2023)
The table below shows the annual Asset Resilience Ratio data for BEST Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.57% | $35.89 Million | $6.25 Billion | -8.71pp |
| 2022-12-31 | 9.29% | $725.04 Million | $7.81 Billion | +7.98pp |
| 2021-12-31 | 1.30% | $147.36 Million | $11.31 Billion | -0.05pp |
| 2020-12-31 | 1.35% | $268.65 Million | $19.83 Billion | -4.07pp |
| 2019-12-31 | 5.43% | $1.06 Billion | $19.49 Billion | -2.72pp |
| 2018-12-31 | 8.15% | $1.01 Billion | $12.37 Billion | -13.49pp |
| 2017-12-31 | 21.64% | $2.35 Billion | $10.88 Billion | +20.65pp |
| 2016-12-31 | 0.98% | $62.00 Million | $6.30 Billion | -- |
| 2015-12-31 | 0.00% | $0.00 | $2.29 Billion | -- |
About BEST Inc
BEST Inc. operates as a smart supply chain service provider in the People's Republic of China and Indonesia. The company operates through four segments: Freight Delivery, Supply Chain Management, Global Logistics, and Others. Its proprietary technology platform, BEST Cloud, which enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company ap… Read more