Omnitek Engineering
Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. The company offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as hydrogen and liquid petroleum gas; n… Read more
Omnitek Engineering - Asset Resilience Ratio
Omnitek Engineering (OMTK) has an Asset Resilience Ratio of 0.47% as of September 2019. 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 (2013–2018)
This chart shows how Omnitek Engineering's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Omnitek Engineering'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 | $6.57K | 0.47% |
| Total Liquid Assets | $6.57K | 0.47% |
Asset Resilience Insights
- Limited Liquidity: Omnitek Engineering maintains only 0.47% 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.
Omnitek Engineering Industry Peers by Asset Resilience Ratio
Compare Omnitek Engineering's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
iQ International AG
F:IQL |
Auto Parts | 3.44% |
|
Daewonkangup
KO:000430 |
Auto Parts | 1.07% |
|
Wanxiang Qianchao Co Ltd
SHE:000559 |
Auto Parts | 0.00% |
|
Weifu High-Technology Group Co Ltd
SHE:000581 |
Auto Parts | 5.84% |
|
Gui Zhou Tyre Co Ltd
SHE:000589 |
Auto Parts | 1.28% |
|
Qingdao Doublestar Co Ltd
SHE:000599 |
Auto Parts | 0.00% |
|
Hengli Industrial Development Group Co Ltd
SHE:000622 |
Auto Parts | -0.02% |
|
Xiangyang Automobile Bearing Co Ltd
SHE:000678 |
Auto Parts | 0.04% |
Annual Asset Resilience Ratio for Omnitek Engineering (2013–2018)
The table below shows the annual Asset Resilience Ratio data for Omnitek Engineering.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 0.40% | $5.81K | $1.45 Million | -0.67pp |
| 2017-12-31 | 1.07% | $17.39K | $1.63 Million | 0.00pp |
| 2016-12-31 | 1.07% | $21.72K | $2.03 Million | +0.24pp |
| 2015-12-31 | 0.84% | $19.75K | $2.36 Million | -2.15pp |
| 2014-12-31 | 2.99% | $92.78K | $3.11 Million | -17.49pp |
| 2013-12-31 | 20.48% | $917.25K | $4.48 Million | -- |