IRemit Inc
IRemit Inc operates in Environmental & Facilities Services.
IRemit Inc - Asset Resilience Ratio
IRemit Inc (I) has an Asset Resilience Ratio of 23.10% 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 (2016–2022)
This chart shows how IRemit 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 IRemit 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 | ₱177.71 Million | 8.01% |
| Short-term Investments | ₱334.74 Million | 15.09% |
| Total Liquid Assets | ₱512.45 Million | 23.10% |
Asset Resilience Insights
- Good Liquidity Position: IRemit Inc maintains a healthy 23.10% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
IRemit Inc Industry Peers by Asset Resilience Ratio
Compare IRemit Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Kocom Co. Ltd
KQ:015710 |
Professional & Commercial Services | 3.90% |
|
Sigong Tech Co. Ltd
KQ:020710 |
Professional & Commercial Services | 9.30% |
|
Korea Environment Technology Co. LTD
KQ:029960 |
Professional & Commercial Services | 23.57% |
|
NICE Information Service Co. Ltd
KQ:030190 |
Professional & Commercial Services | 33.56% |
|
Yangjisa Co. Ltd
KQ:030960 |
Professional & Commercial Services | 53.19% |
|
Paratech Company Limited
KQ:033540 |
Professional & Commercial Services | 9.47% |
|
KG Mobilians Co. Ltd
KQ:046440 |
Professional & Commercial Services | 2.49% |
|
EXA E&C Inc
KQ:054940 |
Professional & Commercial Services | 3.63% |
Annual Asset Resilience Ratio for IRemit Inc (2016–2022)
The table below shows the annual Asset Resilience Ratio data for IRemit Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 44.62% | ₱1.06 Billion | ₱2.37 Billion | -18.37pp |
| 2021-12-31 | 62.99% | ₱1.65 Billion | ₱2.61 Billion | -5.20pp |
| 2020-12-31 | 68.19% | ₱1.96 Billion | ₱2.88 Billion | +13.44pp |
| 2019-12-31 | 54.75% | ₱2.14 Billion | ₱3.91 Billion | -9.64pp |
| 2018-12-31 | 64.39% | ₱2.39 Billion | ₱3.71 Billion | -5.34pp |
| 2017-12-31 | 69.74% | ₱2.26 Billion | ₱3.24 Billion | +0.35pp |
| 2016-12-31 | 69.39% | ₱2.01 Billion | ₱2.90 Billion | -- |