Western Regions Tourism Development Asset Resilience Ratio
Western Regions Tourism Development asset resilience ratio. Western Regions Tourism Development (300859) has an Asset Resilience Ratio of 11.23% as of March 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. Read Western Regions Tourism Development debt and liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Western Regions Tourism Development (2020–2020)
Asset resilience ratio of Western Regions Tourism Development from 2020 to 2020. This chart shows how Western Regions Tourism Development's Asset Resilience Ratio has changed over time. See 300859 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Western Regions Tourism Development's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see 300859 total asset value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥80.00 Million | 11.23% |
| Total Liquid Assets | CN¥80.00 Million | 11.23% |
Asset Resilience Insights
- Moderate Liquidity: Western Regions Tourism Development has 11.23% of assets in liquid form.
- While adequate for normal operations, this level may limit flexibility during economic stress.
- The company has significant short-term investments, indicating active treasury management.
Western Regions Tourism Development Industry Peers by Asset Resilience Ratio
Compare Western Regions Tourism Development's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Airbnb Inc
NASDAQ:ABNB |
Travel Services | 18.52% |
|
Voyageurs du Monde SA
PA:ALVDM |
Travel Services | 8.69% |
|
WEB Travel Group Ltd
AU:WEB |
Travel Services | 1.41% |
|
Rainbow Tours SA
WAR:RBW |
Travel Services | 0.22% |
|
Corporate Travel Management Ltd
AU:CTD |
Travel Services | 0.70% |
|
Transat AT Inc
TO:TRZ |
Travel Services | 13.47% |
|
Flight Centre Travel Group Ltd
AU:FLT |
Travel Services | 0.41% |
|
Helloworld Travel Ltd
AU:HLO |
Travel Services | 5.39% |
Western Regions Tourism Development Asset Resilience Ratio by Year (2020–2020)
Western Regions Tourism Development asset resilience ratio by year from 2020 to 2020. The table below shows the annual Asset Resilience Ratio data for Western Regions Tourism Development.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 10.93% | CN¥80.25 Million ≈ $11.74 Million |
CN¥733.90 Million ≈ $107.39 Million |
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About Western Regions Tourism Development
Western Regions Tourism Development Co.,Ltd provides tourism and travel services in China. The company offers tourism transportation, lake sightseeing, tourism resource development, cable cars, sightseeing vehicles, hot spring tourism, international travel agency, and catering services, as well as food and agricultural product sales. The company was formerly known as Xinjiang Tianshan Tianchi Tou… Read more