Asiabest Group International Inc

PSE:ABG Philippines Investment Banking & Investment Services
Market Cap
$3.57K
₱209.45K PHP
Market Cap Rank
#46602 Global
#39 in Philippines
Share Price
₱21.00
Change (1 day)
+0.00%
52-Week Range
₱21.00 - ₱21.00
All Time High
₱43.35
About

Asiabest Group International Inc operates in Asset Management & Custody Banks.

Asiabest Group International Inc - Asset Resilience Ratio

Latest as of June 2023: 96.92%

Asiabest Group International Inc (ABG) has an Asset Resilience Ratio of 96.92% as of June 2023. 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
₱245.94 Million
Cash + Short-term Investments
Total Assets
₱253.75 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2021)

This chart shows how Asiabest Group International 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 Asiabest Group International 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 ₱245.94 Million 96.92%
Short-term Investments ₱0.00 0%
Total Liquid Assets ₱245.94 Million 96.92%

Asset Resilience Insights

  • Very High Liquidity: Asiabest Group International Inc maintains exceptional liquid asset reserves at 96.92% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Asiabest Group International Inc Industry Peers by Asset Resilience Ratio

Compare Asiabest Group International Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Q Capital Partners Co. Ltd
KQ:016600
Investment Banking & Investment Services 0.04%
SBI Investment KOREA Co. Ltd
KQ:019550
Investment Banking & Investment Services 13.73%
Leaders Technology Investment Co. Ltd
KQ:019570
Investment Banking & Investment Services 23.99%
Aju IB Investment Co. Ltd
KQ:027360
Investment Banking & Investment Services 2.57%
Daesung Private Equity Inc
KQ:027830
Investment Banking & Investment Services 48.17%
ISE Commerce Company Limited
KQ:069920
Investment Banking & Investment Services 6.73%
EBEST Investment & Securities Co. Ltd
KQ:078020
Investment Banking & Investment Services 2.77%
Mirae Asset Venture Investment Co. Ltd
KQ:100790
Investment Banking & Investment Services 3.38%

Annual Asset Resilience Ratio for Asiabest Group International Inc (2019–2021)

The table below shows the annual Asset Resilience Ratio data for Asiabest Group International Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 97.99% ₱254.08 Million ₱259.28 Million +4.06pp
2020-12-31 93.93% ₱247.72 Million ₱263.72 Million +0.11pp
2019-12-31 93.82% ₱253.34 Million ₱270.03 Million --
pp = percentage points