Asiabest Group International Inc
Asiabest Group International Inc operates in Asset Management & Custody Banks.
Asiabest Group International Inc - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 | -- |