Global Tech Industries Group Inc
Global Tech Industries Group, Inc. does not significant operations. Previously, the company was engaged in operation of a cryptocurrency marketplace in the United States. It intends to acquire companies with significant growth opportunities. The company was formerly known as Tree Top Industries, Inc. and changed its name to Global Tech Industries Group, Inc. in July 2016. Global Tech Industries G… Read more
Global Tech Industries Group Inc - Asset Resilience Ratio
Global Tech Industries Group Inc (GTII) has an Asset Resilience Ratio of 1.57% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how Global Tech Industries Group 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 Global Tech Industries Group 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 | $20.00K | 1.57% |
| Total Liquid Assets | $20.00K | 1.57% |
Asset Resilience Insights
- Limited Liquidity: Global Tech Industries Group Inc maintains only 1.57% 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.
Global Tech Industries Group Inc Industry Peers by Asset Resilience Ratio
Compare Global Tech Industries Group Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
China Baoan Group Co Ltd
SHE:000009 |
Conglomerates | 3.09% |
|
Doosan
KO:000150 |
Conglomerates | 0.46% |
|
Doosan Pref Shs
KO:000155 |
Conglomerates | 0.46% |
|
Doosan Co Ltd
KO:000157 |
Conglomerates | 0.46% |
|
Yunding Technology Co Ltd
SHE:000409 |
Conglomerates | 1.43% |
|
Create Technology & Science Co Ltd
SHE:000551 |
Conglomerates | 0.16% |
|
Guangdong Ganhua Science & Industry Co Ltd
SHE:000576 |
Conglomerates | 5.33% |
|
Macrolink Real Estate Co Ltd
SHE:000620 |
Conglomerates | 0.90% |
Annual Asset Resilience Ratio for Global Tech Industries Group Inc (2021–2023)
The table below shows the annual Asset Resilience Ratio data for Global Tech Industries Group Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.57% | $20.00K | $1.28 Million | +1.37pp |
| 2022-12-31 | 0.20% | $36.00K | $18.35 Million | -1.74pp |
| 2021-12-31 | 1.94% | $163.00K | $8.42 Million | -- |