GLG Life Tech Corporation
GLG Life Tech Corporation produces and sells high-grade stevia and monk fruit extracts. The company offers P-Pro Plus, a pea protein product; REB M GOLD, a bioconverted Rebaudioside M and Rebaudioside D. sweetener; and natural ingredients. It serves food and beverage industry. GLG Life Tech Corporation was incorporated in 1998 and is headquartered in Richmond, Canada.
GLG Life Tech Corporation - Asset Resilience Ratio
GLG Life Tech Corporation (GLGLF) has an Asset Resilience Ratio of 0.51% as of December 2022. 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 (2005–2022)
This chart shows how GLG Life Tech Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down GLG Life Tech Corporation'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 | $116.53K | 0.51% |
| Total Liquid Assets | $116.53K | 0.51% |
Asset Resilience Insights
- Limited Liquidity: GLG Life Tech Corporation maintains only 0.51% 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.
GLG Life Tech Corporation Industry Peers by Asset Resilience Ratio
Compare GLG Life Tech Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542 |
Farm Products | 7.48% |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048 |
Farm Products | 0.46% |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702 |
Farm Products | 0.03% |
|
Hefei Fengle Seed Co Ltd
SHE:000713 |
Farm Products | 1.68% |
|
Luoniushan Co Ltd
SHE:000735 |
Farm Products | 3.88% |
|
New Hope Liuhe Co Ltd
SHE:000876 |
Farm Products | 0.01% |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998 |
Farm Products | 1.84% |
|
Dongrui Food Group Co Ltd
SHE:001201 |
Farm Products | 0.50% |
Annual Asset Resilience Ratio for GLG Life Tech Corporation (2005–2022)
The table below shows the annual Asset Resilience Ratio data for GLG Life Tech Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 0.51% | $116.53K | $22.95 Million | -- |
| 2021-12-31 | 0.00% | $0.00 | $24.55 Million | -- |
| 2018-12-31 | 0.00% | $0.00 | $43.94 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $48.84 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $55.13 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $76.03 Million | -- |
| 2014-12-31 | 0.26% | $186.90K | $71.90 Million | -- |
| 2013-12-31 | 0.00% | $0.00 | $87.80 Million | -- |
| 2012-12-31 | 0.00% | $0.00 | $103.07 Million | -- |
| 2011-12-31 | 0.00% | $0.00 | $233.78 Million | -- |
| 2010-12-31 | 0.00% | $0.00 | $277.18 Million | -- |
| 2009-12-31 | 0.00% | $0.00 | $229.59 Million | -- |
| 2008-12-31 | 0.21% | $365.79K | $174.36 Million | -- |
| 2007-12-31 | 0.00% | $0.00 | $89.01 Million | -- |
| 2006-12-31 | 0.09% | $20.00K | $21.36 Million | -- |
| 2005-12-31 | 0.00% | $0.00 | $1.36 Million | -- |