Luxxfolio Holdings Inc
Luxxfolio Holdings Inc., together with its subsidiary, operates as a digital asset company in Canada. It is involved in bitcoin mining; and hosting operations. The company was formerly known as AX1 Capital Corp. and changed its name to Luxxfolio Holdings Inc. in March 2019. Luxxfolio Holdings Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada.
Luxxfolio Holdings Inc - Asset Resilience Ratio
Luxxfolio Holdings Inc (LUXFF) has an Asset Resilience Ratio of 0.29% as of November 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 (2021–2022)
This chart shows how Luxxfolio Holdings 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 Luxxfolio Holdings 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 | $20.38K | 0.29% |
| Total Liquid Assets | $20.38K | 0.29% |
Asset Resilience Insights
- Limited Liquidity: Luxxfolio Holdings Inc maintains only 0.29% 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.
Luxxfolio Holdings Inc Industry Peers by Asset Resilience Ratio
Compare Luxxfolio Holdings Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI |
Capital Markets | 1.88% |
|
XTRA Bitcoin Inc
PINK:CBTC |
Capital Markets | 5.74% |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166 |
Capital Markets | -35.28% |
|
Northeast Securities Co Ltd
SHE:000686 |
Capital Markets | 25.08% |
|
Guangdong Golden Dragon Development Inc
SHE:000712 |
Capital Markets | -11.88% |
|
Sealand Securities Co Ltd
SHE:000750 |
Capital Markets | 23.46% |
|
GF Securities Co Ltd
SHE:000776 |
Capital Markets | 19.05% |
|
Changjiang Securities Co Ltd
SHE:000783 |
Capital Markets | 29.26% |
Annual Asset Resilience Ratio for Luxxfolio Holdings Inc (2021–2022)
The table below shows the annual Asset Resilience Ratio data for Luxxfolio Holdings Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-08-31 | 22.43% | $1.90 Million | $8.46 Million | +15.49pp |
| 2021-08-31 | 6.93% | $2.04 Million | $29.36 Million | -- |