Taiga Building Products Ltd
Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. The company offers dimension lumber; panel products, such as plywood, particle board, and oriented strand board products; and allied and treated products, including roofing materials, moldings, and composite decking and polyethylene sheeting products, as well as batt and foam ins… Read more
Taiga Building Products Ltd - Asset Resilience Ratio
Taiga Building Products Ltd (TGAFF) has an Asset Resilience Ratio of 3.18% as of June 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 (1999–2023)
This chart shows how Taiga Building Products Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Taiga Building Products Ltd'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 | $21.00 Million | 3.18% |
| Total Liquid Assets | $21.00 Million | 3.18% |
Asset Resilience Insights
- Limited Liquidity: Taiga Building Products Ltd maintains only 3.18% 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.
Taiga Building Products Ltd Industry Peers by Asset Resilience Ratio
Compare Taiga Building Products Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
China National Complete Plant Import & Export Corp Ltd
SHE:000151 |
Industrial Distribution | 0.36% |
|
Gs Global
KO:001250 |
Industrial Distribution | 0.04% |
|
Sam Yung Tradi
KO:002810 |
Industrial Distribution | 34.60% |
|
Hae In
KO:003010 |
Industrial Distribution | 0.00% |
|
Nexgram Holdings Bhd
KLSE:0096 |
Industrial Distribution | 11.65% |
|
Playgram Co. Ltd
KO:009810 |
Industrial Distribution | 1.58% |
|
UNITRAD
KLSE:0247 |
Industrial Distribution | 3.52% |
|
Yew Lee Pacific Group Berhad
KLSE:0248 |
Industrial Distribution | 37.80% |
Annual Asset Resilience Ratio for Taiga Building Products Ltd (1999–2023)
The table below shows the annual Asset Resilience Ratio data for Taiga Building Products Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 9.61% | $60.00 Million | $624.29 Million | +8.75pp |
| 2017-12-31 | 0.86% | $2.34 Million | $270.83 Million | -- |
| 2014-12-31 | 0.00% | $0.00 | $347.38 Million | -- |
| 2013-12-31 | 0.00% | $0.00 | $315.84 Million | -- |
| 2012-12-31 | 0.00% | $0.00 | $346.45 Million | -- |
| 2011-12-31 | 0.00% | $0.00 | $298.65 Million | -- |
| 2010-12-31 | 0.01% | $31.00K | $270.67 Million | -- |
| 2009-12-31 | 0.00% | $0.00 | $287.99 Million | -- |
| 2008-12-31 | 0.00% | $0.00 | $262.84 Million | -- |
| 2007-12-31 | 0.00% | $0.00 | $298.31 Million | -- |
| 2006-12-31 | 0.00% | $0.00 | $304.00 Million | -- |
| 2005-12-31 | 0.00% | $0.00 | $303.09 Million | -- |
| 2004-12-31 | 0.00% | $0.00 | $332.15 Million | -- |
| 2003-12-31 | 0.00% | $0.00 | $303.74 Million | -- |
| 2002-12-31 | 0.00% | $0.00 | $262.27 Million | -- |
| 2001-12-31 | 0.00% | $0.00 | $217.64 Million | -- |
| 2000-12-31 | 0.00% | $0.00 | $201.69 Million | -- |
| 1999-12-31 | 0.00% | $0.00 | $241.77 Million | -- |