Avant Brands Inc Asset Resilience Ratio

Latest as of September 2024: 2.93%

Avant Brands Inc asset resilience ratio. Avant Brands Inc (AVNT) has an Asset Resilience Ratio of 2.93% as of September 2024. 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 Avant Brands Inc debt and liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CA$1.74 Million
≈ $1.26 Million USD Cash + Short-term Investments

Total Assets

CA$59.47 Million
≈ $43.02 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Avant Brands Inc (2018–2024)

Asset resilience ratio of Avant Brands Inc from 2018 to 2024. This chart shows how Avant Brands Inc's Asset Resilience Ratio has changed over time. See AVNT cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Liquid Assets Composition Over Time

This chart breaks down Avant Brands Inc'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 AVNT total assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$1.74 Million 2.93%
Short-term Investments CA$0.00 0%
Total Liquid Assets CA$1.74 Million 2.93%

Asset Resilience Insights

  • Limited Liquidity: Avant Brands Inc maintains only 2.93% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Avant Brands Inc Industry Peers by Asset Resilience Ratio

Compare Avant Brands Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Takeda Pharmaceutical Company Limited
F:TKDA
Drug Manufacturers - Specialty & Generic 0.69%
Galderma Group N
SW:GALD
Drug Manufacturers - Specialty & Generic 3.56%
Enzymatica publ AB
ST:ENZY
Drug Manufacturers - Specialty & Generic 22.17%
Shijiazhuang Yiling Pharmaceutical Co Ltd
SHE:002603
Drug Manufacturers - Specialty & Generic 9.04%
Hubei Jumpcan Pharmaceutical Co Ltd
SHG:600566
Drug Manufacturers - Specialty & Generic 47.16%
Kangmei Pharmaceutical Co Ltd
SHG:600518
Drug Manufacturers - Specialty & Generic 0.00%
Walvax BioTech
SHE:300142
Drug Manufacturers - Specialty & Generic 2.20%
Shandong Buchang Pharmaceuticals Co Ltd
SHG:603858
Drug Manufacturers - Specialty & Generic 3.47%

Avant Brands Inc Asset Resilience Ratio by Year (2018–2024)

Avant Brands Inc asset resilience ratio by year from 2018 to 2024. The table below shows the annual Asset Resilience Ratio data for Avant Brands Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 2.93% CA$1.74 Million
≈ $1.26 Million
CA$59.47 Million
≈ $43.02 Million
+1.96pp
2023-12-31 0.96% CA$794.00K
≈ $574.37K
CA$82.55 Million
≈ $59.72 Million
-9.15pp
2022-12-31 10.11% CA$6.78 Million
≈ $4.90 Million
CA$67.03 Million
≈ $48.49 Million
-18.54pp
2021-12-31 28.65% CA$14.49 Million
≈ $10.48 Million
CA$50.57 Million
≈ $36.58 Million
+27.12pp
2020-12-31 1.53% CA$625.00K
≈ $452.12K
CA$40.80 Million
≈ $29.51 Million
-4.00pp
2019-12-31 5.53% CA$2.51 Million
≈ $1.81 Million
CA$45.31 Million
≈ $32.78 Million
+3.26pp
2018-12-31 2.28% CA$917.60K
≈ $663.78K
CA$40.32 Million
≈ $29.16 Million
--
pp = percentage points

About Avant Brands Inc

TO:AVNT Canada Drug Manufacturers - Specialty & Generic
Market Cap
$5.58 Million
CA$7.72 Million CAD
Market Cap Rank
#28293 Global
#1225 in Canada
Share Price
CA$0.52
Change (1 day)
+0.00%
52-Week Range
CA$0.46 - CA$1.05
All Time High
CA$42.00
About

Avant Brands Inc. cultivates, produces, markets, and sells cannabis products in Canada. The company offers recreational cannabis products under the BLK MKT, Tenzo, Cognoscente, Treehugger, Pristine, and Flowr brands. It also provides medical cannabis products under the GreenTec brand. The company distributes cannabis through medical and recreational sales channels, as well as an e-commerce websit… Read more