Avant Brands Inc - Asset Resilience Ratio

Latest as of September 2024: 2.93%

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.

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 Trend (2018–2024)

This chart shows how Avant Brands Inc's Asset Resilience Ratio has changed over time. Check strategic asset allocation of Avant Brands Inc to assess the company's strategic physical and investment asset allocation.

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 market capitalisation and broader financial context, see AVNT market cap.

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%
Shanghai Haoyuan Chemexpress Co. Ltd. A SHG:688131	Drug Manufacturers - Specialty & Generic	1.37%
Beijing New Oriental Star Petrochemical Engineering Co Ltd SHE:002755	Drug Manufacturers - Specialty & Generic	24.59%
Zhejiang Hisoar Pharmaceutical Co Ltd SHE:002099	Drug Manufacturers - Specialty & Generic	0.20%
Celltrion Pharm Inc KQ:068760	Drug Manufacturers - Specialty & Generic	12.49%
Shanghai Yizhong Pharmaceutical Co Ltd SHG:688091	Drug Manufacturers - Specialty & Generic	26.36%
Heilongjiang ZBD Pharmaceutical Co Ltd SHG:603567	Drug Manufacturers - Specialty & Generic	0.00%
Zhejiang Anglikang Pharmaceutical Co Ltd Class A SHE:002940	Drug Manufacturers - Specialty & Generic	9.11%

Annual Asset Resilience Ratio for Avant Brands Inc (2018–2024)

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

$6.23 Million

CA$8.61 Million CAD

Market Cap Rank

#28116 Global

#1229 in Canada

Share Price

CA$0.58

Change (1 day)

-1.69%

52-Week Range

CA$0.50 - CA$1.05

All Time High

CA$42.00