Globe Telecom Inc

PSE:GLO Philippines Telecommunications Services
Market Cap
$256.24K
₱15.03 Million PHP
Market Cap Rank
#38722 Global
#4 in Philippines
Share Price
₱1610.00
Change (1 day)
+2.22%
52-Week Range
₱1445.00 - ₱2244.00
All Time High
₱3067.31
About

Globe Telecom Inc operates in Integrated Telecommunication Services.

Globe Telecom Inc - Asset Resilience Ratio

Latest as of September 2023: 0.89%

Globe Telecom Inc (GLO) has an Asset Resilience Ratio of 0.89% as of September 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
₱5.49 Billion
Cash + Short-term Investments
Total Assets
₱617.53 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2022)

This chart shows how Globe Telecom 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 Globe Telecom 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 ₱5.49 Billion 0.89%
Total Liquid Assets ₱5.49 Billion 0.89%

Asset Resilience Insights

  • Limited Liquidity: Globe Telecom Inc maintains only 0.89% 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.

Globe Telecom Inc Industry Peers by Asset Resilience Ratio

Compare Globe Telecom Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Sejong Telecom Inc
KQ:036630
Telecommunications Services 8.70%
Easycall Communications Philippines Inc
PSE:ECP
Telecommunications Services 8.53%
Converge Information & Communications Technology Solutions Inc
PSE:CNVRG
Telecommunications Services 12.79%
Pakistan Telecommunication Company Ltd
KAR:PTC
Telecommunications Services 2.99%
Northcliff Citranusa Indonesia Tbk PT
JK:SKYB
Telecommunications Services 7.69%
AT&T Inc ELKS
NYSE:TBC
Telecommunications Services 0.02%
PLDT Inc
PSE:TEL
Telecommunications Services 2.23%
Telestrada SA
WAR:TLS
Telecommunications Services 13.10%

Annual Asset Resilience Ratio for Globe Telecom Inc (2016–2022)

The table below shows the annual Asset Resilience Ratio data for Globe Telecom Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 0.96% ₱5.33 Billion ₱555.68 Billion -1.64pp
2021-12-31 2.60% ₱11.92 Billion ₱458.46 Billion -0.77pp
2020-12-31 3.37% ₱11.47 Billion ₱339.78 Billion +1.87pp
2019-12-31 1.50% ₱4.57 Billion ₱304.29 Billion -5.58pp
2018-12-31 7.08% ₱21.21 Billion ₱299.50 Billion +3.74pp
2017-12-31 3.35% ₱9.29 Billion ₱277.77 Billion +0.66pp
2016-12-31 2.69% ₱6.72 Billion ₱249.86 Billion --
pp = percentage points