Nano Magic Inc
Nano Magic Inc. develops, commercializes, and markets consumer and industrial products using nanotechnology in the United States and Canada. The company offers liquid and towelette formulations for cleaning and protecting clear surfaces, such as electronic touchscreens, windshields, windows, mirrors, shower doors, eyeglasses, and sunglass lenses; liquid formulation packaged for retail and industr… Read more
Nano Magic Inc - Asset Resilience Ratio
Nano Magic Inc (NMGX) has an Asset Resilience Ratio of 0.27% as of March 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 (1999–2021)
This chart shows how Nano Magic 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 Nano Magic 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 | $10.72K | 0.27% |
| Total Liquid Assets | $10.72K | 0.27% |
Asset Resilience Insights
- Limited Liquidity: Nano Magic Inc maintains only 0.27% 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.
Nano Magic Inc Industry Peers by Asset Resilience Ratio
Compare Nano Magic Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF |
Specialty Chemicals | 2.16% |
|
YeSUN Tech Co.Ltd.
KQ:250930 |
Specialty Chemicals | 2.89% |
|
Hangzhou Flariant Co Ltd
SHG:605566 |
Specialty Chemicals | 0.27% |
|
Samhwa Paint
KO:000390 |
Specialty Chemicals | 0.11% |
|
DL Holdings CO. LTD.
KO:000210 |
Specialty Chemicals | 0.30% |
|
Norooholdings
KO:000320 |
Specialty Chemicals | 6.58% |
|
Noroo Holdings Co Ltd
KO:000325 |
Specialty Chemicals | 6.58% |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565 |
Specialty Chemicals | 45.03% |
Annual Asset Resilience Ratio for Nano Magic Inc (1999–2021)
The table below shows the annual Asset Resilience Ratio data for Nano Magic Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 0.26% | $10.72K | $4.11 Million | +0.04pp |
| 2020-12-31 | 0.22% | $10.47K | $4.79 Million | -0.56pp |
| 2019-12-31 | 0.78% | $10.24K | $1.32 Million | -0.52pp |
| 2001-12-31 | 1.30% | $23.85K | $1.84 Million | -2.99pp |
| 2000-12-31 | 4.28% | $70.31K | $1.64 Million | -13.67pp |
| 1999-12-31 | 17.95% | $700.00K | $3.90 Million | -- |