goeasy Ltd - Asset Resilience Ratio
goeasy Ltd (GSY) has an Asset Resilience Ratio of 0.41% 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. See GSY current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2023–2023)
This chart shows how goeasy Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see GSY current and non-current assets.
Liquid Assets Composition Over Time
This chart breaks down goeasy Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore GSY long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$20.10 Million | 0.41% |
| Total Liquid Assets | CA$20.10 Million | 0.41% |
Asset Resilience Insights
- Limited Liquidity: goeasy Ltd maintains only 0.41% 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.
goeasy Ltd Industry Peers by Asset Resilience Ratio
Compare goeasy Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Oportun Financial Corp
NASDAQ:OPRT |
Credit Services | 0.00% |
|
Gentera S.A.B. de C.V
MX:GENTERA |
Credit Services | 0.95% |
|
Krungthai Card Public Company Limited
BK:KTC-R |
Credit Services | 0.00% |
|
Peninsula Group Ltd
TA:PEN |
Credit Services | 1.01% |
|
OppFi Inc
NYSE:OPFI |
Credit Services | 6.56% |
|
Pioneer Credit Ltd
AU:PNC |
Credit Services | 32.27% |
|
Blender Financial Technologies Ltd
TA:BLND |
Credit Services | 1.42% |
|
ZIP Co Ltd
AU:ZIP |
Credit Services | 0.13% |
Annual Asset Resilience Ratio for goeasy Ltd (2023–2023)
The table below shows the annual Asset Resilience Ratio data for goeasy Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.58% | CA$24.20 Million ≈ $17.51 Million |
CA$4.16 Billion ≈ $3.01 Billion |
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About goeasy Ltd
goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. It operates through two segments, Easyfinancial and Easyhome. The company offers unsecured and secured installment loans; home equity and improvement, secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods,… Read more