Sona Nanotech Inc
Sona Nanotech Inc. operates as a nanotechnology life sciences company. It develops targeted hyperthermia and nanomedical therapies for the treatment of cancer. The company also develops gold nanoparticle products; lateral flow assay rapid tests; and bovine TB and concussion tests. Sona Nanotech Inc. is based in Halifax, Canada.
Sona Nanotech Inc - Asset Resilience Ratio
Sona Nanotech Inc (SNANF) has an Asset Resilience Ratio of 0.17% as of April 2025. 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 Sona Nanotech Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Sona Nanotech Inc'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 | $4.00K | 0.17% |
| Total Liquid Assets | $4.00K | 0.17% |
Asset Resilience Insights
- Limited Liquidity: Sona Nanotech Inc maintains only 0.17% 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.
Sona Nanotech Inc Industry Peers by Asset Resilience Ratio
Compare Sona Nanotech Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
ADCNF
OTCGREY:ADCNF |
Diagnostics & Research | 1.12% |
|
Berry Genomics Co Ltd
SHE:000710 |
Diagnostics & Research | 0.45% |
|
NSN Co. Ltd
KQ:031860 |
Diagnostics & Research | 1.72% |
|
JOONGANG DNM Co.Ltd
KQ:051980 |
Diagnostics & Research | 27.26% |
|
GeneMatrix Inc
KQ:109820 |
Diagnostics & Research | 41.52% |
|
Genoray Co. Ltd
KQ:122310 |
Diagnostics & Research | 0.03% |
|
Green Cross Lab Cell Corporation
KQ:144510 |
Diagnostics & Research | 0.18% |
|
Optipharm.CO.LTD
KQ:153710 |
Diagnostics & Research | 20.73% |
Annual Asset Resilience Ratio for Sona Nanotech Inc (2016–2024)
The table below shows the annual Asset Resilience Ratio data for Sona Nanotech Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-10-31 | 0.11% | $4.00K | $3.75 Million | -0.11pp |
| 2023-10-31 | 0.22% | $6.00K | $2.75 Million | -0.64pp |
| 2021-10-31 | 0.85% | $13.00K | $1.52 Million | +0.68pp |
| 2018-10-31 | 0.17% | $5.50K | $3.18 Million | -20.32pp |
| 2017-10-31 | 20.49% | $355.58K | $1.74 Million | +8.92pp |
| 2016-10-31 | 11.57% | $561.35K | $4.85 Million | -- |