Nextage Therapeutics Ltd

TA:NXTG Israel Drug Manufacturers - Specialty & Generic
Market Cap
$5.79 Million
ILA2.16 Billion ILA
Market Cap Rank
#41737 Global
#389 in Israel
Share Price
ILA64.10
Change (1 day)
-17.72%
52-Week Range
ILA64.10 - ILA111.70
All Time High
ILA5080.00
About

Nextage Therapeutics Ltd, a pharmaceutical company, develops cannabinoid-based products. The company was formerly known as Nextage Cannabis Innovation Ltd. and changed its name to Nextage Therapeutics Ltd in August 2020. The company was incorporated in 1982 and is based in Ness Ziona, Israel.

Nextage Therapeutics Ltd - Asset Resilience Ratio

Latest as of December 2021: 2.32%

Nextage Therapeutics Ltd (NXTG) has an Asset Resilience Ratio of 2.32% as of December 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.

Liquid Assets
ILA99.00K
Cash + Short-term Investments
Total Assets
ILA4.27 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2021)

This chart shows how Nextage Therapeutics Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Nextage Therapeutics Ltd'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 ILA0.00 0%
Short-term Investments ILA99.00K 2.32%
Total Liquid Assets ILA99.00K 2.32%

Asset Resilience Insights

  • Limited Liquidity: Nextage Therapeutics Ltd maintains only 2.32% 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.

Nextage Therapeutics Ltd Industry Peers by Asset Resilience Ratio

Compare Nextage Therapeutics Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Swedish Orphan Biovitrum AB (publ)
PINK:BIOVF
Drug Manufacturers - Specialty & Generic -0.02%
Kamada
NASDAQ:KMDA
Drug Manufacturers - Specialty & Generic 21.63%
Dongwha Pharm.Co.Ltd
KO:000020
Drug Manufacturers - Specialty & Generic 1.92%
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
Drug Manufacturers - Specialty & Generic 0.46%
Yuhan Corp.
KO:000100
Drug Manufacturers - Specialty & Generic 0.99%
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
Drug Manufacturers - Specialty & Generic 1.81%
Kotra Industries Bhd
KLSE:0002
Drug Manufacturers - Specialty & Generic 9.82%
Yuyu Pharma Inc
KO:000227
Drug Manufacturers - Specialty & Generic 1.74%

Annual Asset Resilience Ratio for Nextage Therapeutics Ltd (2017–2021)

The table below shows the annual Asset Resilience Ratio data for Nextage Therapeutics Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 2.32% ILA99.00K ILA4.27 Million +1.46pp
2020-12-31 0.86% ILA35.00K ILA4.07 Million -1.17pp
2019-12-31 2.03% ILA122.00K ILA6.01 Million -0.20pp
2018-12-31 2.23% ILA122.00K ILA5.48 Million +1.24pp
2017-12-31 0.98% ILA122.00K ILA12.39 Million --
pp = percentage points