Kuke Music Holding Ltd Asset Resilience Ratio
Kuke Music Holding Ltd asset resilience ratio. Kuke Music Holding Ltd (KUKE) has an Asset Resilience Ratio of 0.30% 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. See KUKE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Kuke Music Holding Ltd (2017–2023)
Asset resilience ratio of Kuke Music Holding Ltd from 2017 to 2023. This chart shows how Kuke Music Holding Ltd's Asset Resilience Ratio has changed over time. Read Kuke Music Holding Ltd (KUKE) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Kuke Music Holding Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see balance sheet size of Kuke Music Holding Ltd.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $735.00K | 0.3% |
| Total Liquid Assets | $735.00K | 0.30% |
Asset Resilience Insights
- Limited Liquidity: Kuke Music Holding Ltd maintains only 0.30% 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.
Kuke Music Holding Ltd Industry Peers by Asset Resilience Ratio
Compare Kuke Music Holding Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Beijing Enlight Media
SHE:300251 |
Entertainment | 10.30% |
|
JYP Entertainment Corporation
KQ:035900 |
Entertainment | 11.75% |
|
Guangzhou Jinyi Media Corp
SHE:002905 |
Entertainment | 1.42% |
|
Dave & Buster’s Entertainment
NASDAQ:PLAY |
Entertainment | 0.00% |
|
AFC Ajax NV
AS:AJAX |
Entertainment | 4.73% |
|
Kuang Hong Arts Management
TWO:6596 |
Entertainment | 55.87% |
|
Wysiwyg Studios Co. Ltd
KQ:299900 |
Entertainment | 0.00% |
|
Tips Films Limited
NSE:TIPSFILMS |
Entertainment | 0.23% |
Kuke Music Holding Ltd Asset Resilience Ratio by Year (2017–2023)
Kuke Music Holding Ltd asset resilience ratio by year from 2017 to 2023. The table below shows the annual Asset Resilience Ratio data for Kuke Music Holding Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.30% | $735.00K | $248.50 Million | +0.25pp |
| 2022-12-31 | 0.05% | $116.00K | $246.74 Million | +0.03pp |
| 2021-12-31 | 0.02% | $244.00K | $1.12 Billion | +0.01pp |
| 2020-12-31 | 0.01% | $89.00K | $877.35 Million | -0.24pp |
| 2019-12-31 | 0.25% | $1.25 Million | $503.63 Million | +0.19pp |
| 2018-12-31 | 0.05% | $191.00K | $360.55 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $185.52 Million | -- |
About Kuke Music Holding Ltd
Kuke Music Holding Limited provides classical music licensing, subscription, and education services in China. It operates through two segments: Subscription, Licensing and Smart Education Business; and Music Events and Performances, and Other Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions. The Music… Read more