Medical Cannabis Pay
Medical Cannabis Payment Solutions, Inc. develops and markets a payment system for medical cannabis transactions. Its solution assists in the state tracking of sales, collection of tax, and supervision of sales to consumers. The company was incorporated in 2013 and is based in Cheyenne, Wyoming. On August 12, 2024, Medical Cannabis Payment Solutions, Inc. filed a voluntary petition for liquidatio… Read more
Medical Cannabis Pay - Asset Resilience Ratio
Medical Cannabis Pay (REFG) has an Asset Resilience Ratio of 96.85% as of September 2018. 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 (None–None)
This chart shows how Medical Cannabis Pay's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Medical Cannabis Pay'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 | $999.00K | 96.85% |
| Total Liquid Assets | $999.00K | 96.85% |
Asset Resilience Insights
- Very High Liquidity: Medical Cannabis Pay maintains exceptional liquid asset reserves at 96.85% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Medical Cannabis Pay Industry Peers by Asset Resilience Ratio
Compare Medical Cannabis Pay's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
UCrest Bhd
KLSE:0005 |
Health Information Services | 24.81% |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638 |
Health Information Services | 0.49% |
|
BIT Computer Co. Ltd
KQ:032850 |
Health Information Services | 26.87% |
|
ezCaretech Co. LTD
KQ:099750 |
Health Information Services | 16.56% |
|
SyntekaBio Inc
KQ:226330 |
Health Information Services | 26.99% |
|
Carelabs Co.Ltd
KQ:263700 |
Health Information Services | 7.01% |
|
Shanghai Kingstar Winning Software
SHE:300253 |
Health Information Services | 0.03% |
|
Longmaster Information Tech
SHE:300288 |
Health Information Services | 0.68% |
Annual Asset Resilience Ratio for Medical Cannabis Pay (None–None)
The table below shows the annual Asset Resilience Ratio data for Medical Cannabis Pay.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||