Lict Corporation
LICT Corporation, together with its subsidiaries, provides broadband, voice, and video services in the United States. The company offers high speed broadband services, including internet access through fiber optic facilities, copper-based digital subscriber lines, fixed wireless, and coax cable via cable modems. It also provides video services through traditional cable television services and int… Read more
Lict Corporation - Asset Resilience Ratio
Lict Corporation (LICT) has an Asset Resilience Ratio of 1.30% as of September 2023. 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 (1998–2023)
This chart shows how Lict 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 Lict 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 | $3.71 Million | 1.3% |
| Total Liquid Assets | $3.71 Million | 1.30% |
Asset Resilience Insights
- Limited Liquidity: Lict Corporation maintains only 1.30% 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.
Lict Corporation Industry Peers by Asset Resilience Ratio
Compare Lict Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
WQN Inc
PINK:WQNI |
Telecom Services | 16.94% |
|
XOX Technology Bhd
KLSE:0017 |
Telecom Services | 3.13% |
|
Beijing Bewinner Communications Co Ltd
SHE:002148 |
Telecom Services | 29.49% |
|
Net263 Ltd
SHE:002467 |
Telecom Services | 11.81% |
|
Runjian Communication Co Ltd Class A
SHE:002929 |
Telecom Services | 0.59% |
|
Redtone International Bhd
KLSE:0032 |
Telecom Services | 0.10% |
|
Inscobee
KO:006490 |
Telecom Services | 3.01% |
|
Green Packet Bhd
KLSE:0082 |
Telecom Services | 0.00% |
Annual Asset Resilience Ratio for Lict Corporation (1998–2023)
The table below shows the annual Asset Resilience Ratio data for Lict Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -1.84% | $-5.65 Million | $307.04 Million | -8.88pp |
| 2021-12-31 | 7.04% | $20.00 Million | $284.14 Million | -1.24pp |
| 2020-12-31 | 8.28% | $23.46 Million | $283.38 Million | -2.38pp |
| 2019-12-31 | 10.66% | $22.86 Million | $214.41 Million | -0.62pp |
| 2018-12-31 | 11.28% | $23.14 Million | $205.09 Million | +10.09pp |
| 2017-12-31 | 1.20% | $2.15 Million | $179.93 Million | +0.11pp |
| 2016-12-31 | 1.08% | $2.00 Million | $184.84 Million | +0.04pp |
| 2015-12-31 | 1.05% | $1.89 Million | $180.38 Million | +0.19pp |
| 2000-12-31 | 0.86% | $2.07 Million | $240.41 Million | +0.23pp |
| 1999-12-31 | 0.63% | $1.60 Million | $254.00 Million | +0.22pp |
| 1998-12-31 | 0.41% | $1.00 Million | $246.10 Million | -- |