Phoenix Plus Corp.
Rhino Bitcoin Inc. operates as a Bitcoin financial services company that offers digital banking services through its financial application. The company's platform allows users to manage Bitcoin transactions, pay bills, borrow money, and invest in retirement accounts. It caters to individuals, businesses, and organizations. The company was formerly known as Phoenix Plus Corp. and changed its name … Read more
Phoenix Plus Corp. - Asset Resilience Ratio
Phoenix Plus Corp. (PXPC) has an Asset Resilience Ratio of 1.21% as of January 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 (2020–2023)
This chart shows how Phoenix Plus Corp.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Phoenix Plus Corp.'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 | $16.33K | 1.21% |
| Total Liquid Assets | $16.33K | 1.21% |
Asset Resilience Insights
- Limited Liquidity: Phoenix Plus Corp. maintains only 1.21% 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.
Phoenix Plus Corp. Industry Peers by Asset Resilience Ratio
Compare Phoenix Plus Corp.'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 Phoenix Plus Corp. (2020–2023)
The table below shows the annual Asset Resilience Ratio data for Phoenix Plus Corp..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-07-31 | 0.99% | $12.32K | $1.25 Million | +0.68pp |
| 2022-07-31 | 0.31% | $4.85K | $1.58 Million | +0.16pp |
| 2021-07-31 | 0.15% | $3.28K | $2.23 Million | -0.04pp |
| 2020-07-31 | 0.19% | $3.28K | $1.74 Million | -- |