TruTrace Technologies Inc
TruTrace Technologies Inc. ideates, architects, designs, develops, and deploys a software platform in Canada. It offers TruTrace, a cloud-based blockchain software that connects quality control and inventory management for food, pharma, cosmetics, and agroscience industries to track products from manufacturing to sale. The company also provides StrainSecure, a cloud-based blockchain software that… Read more
TruTrace Technologies Inc - Asset Resilience Ratio
TruTrace Technologies Inc (TTTSF) has an Asset Resilience Ratio of 43.31% as of July 2021. 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 (2019–2021)
This chart shows how TruTrace Technologies 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 TruTrace Technologies 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 | $500.54K | 43.31% |
| Total Liquid Assets | $500.54K | 43.31% |
Asset Resilience Insights
- Very High Liquidity: TruTrace Technologies Inc maintains exceptional liquid asset reserves at 43.31% 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.
TruTrace Technologies Inc Industry Peers by Asset Resilience Ratio
Compare TruTrace Technologies Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD |
Software - Application | 5.22% |
|
TurnKey Capital Inc
PINK:TKCI |
Software - Application | 0.00% |
|
Digital China Information Service Co Ltd
SHE:000555 |
Software - Application | 0.66% |
|
Fujian Newland Computer Co Ltd
SHE:000997 |
Software - Application | 5.03% |
|
YGSOFT Inc
SHE:002063 |
Software - Application | 2.96% |
|
Dhc Software Co Ltd
SHE:002065 |
Software - Application | -0.80% |
|
Zhejiang Netsun Co Ltd
SHE:002095 |
Software - Application | -0.27% |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123 |
Software - Application | 0.01% |
Annual Asset Resilience Ratio for TruTrace Technologies Inc (2019–2021)
The table below shows the annual Asset Resilience Ratio data for TruTrace Technologies Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-04-30 | 35.01% | $500.23K | $1.43 Million | -15.15pp |
| 2019-04-30 | 50.16% | $684.23K | $1.36 Million | -- |