Bitcoin Fund Unit - Asset Resilience Ratio

Latest as of June 2024: 99.95%

Bitcoin Fund Unit (QBTC) has an Asset Resilience Ratio of 99.95% as of June 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 debt load of Bitcoin Fund Unit for a breakdown of total debt and financial obligations.

Liquid Assets

CA$447.40 Million
≈ $323.64 Million USD Cash + Short-term Investments

Total Assets

CA$447.64 Million
≈ $323.82 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2023)

This chart shows how Bitcoin Fund Unit's Asset Resilience Ratio has changed over time. See QBTC net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Bitcoin Fund Unit'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 Bitcoin Fund Unit market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$447.40 Million 99.95%
Total Liquid Assets CA$447.40 Million 99.95%

Asset Resilience Insights

  • Very High Liquidity: Bitcoin Fund Unit maintains exceptional liquid asset reserves at 99.95% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Bitcoin Fund Unit Industry Peers by Asset Resilience Ratio

Compare Bitcoin Fund Unit's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
BlackRock Technology and Private Equity Term Trust
NYSE:BTX
Asset Management 5.59%
Sprott Physical Silver
TO:PSLV
Asset Management 99.90%
Groep Brussel Lambert NV
BR:GBLB
Asset Management 6.95%
Sprott Physical Gold and Silver Trust
TO:CEF
Asset Management 99.91%
Australian Foundation Investment Company Ltd
AU:AFI
Asset Management 0.00%
Argo Investments Ltd
AU:ARG
Asset Management 0.46%
Norte Grande
SN:NORTEGRAN
Asset Management 0.00%
Cuprum
SN:CUPRUM
Asset Management 5.84%

Annual Asset Resilience Ratio for Bitcoin Fund Unit (2020–2023)

The table below shows the annual Asset Resilience Ratio data for Bitcoin Fund Unit.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 100.00% CA$373.13 Million
≈ $269.92 Million
CA$373.14 Million
≈ $269.93 Million
+0.03pp
2022-12-31 99.97% CA$189.22 Million
≈ $136.88 Million
CA$189.28 Million
≈ $136.92 Million
-0.01pp
2021-12-31 99.98% CA$742.63 Million
≈ $537.21 Million
CA$742.81 Million
≈ $537.34 Million
+0.41pp
2020-12-31 99.57% CA$683.58 Million
≈ $494.49 Million
CA$686.57 Million
≈ $496.65 Million
--
pp = percentage points

About Bitcoin Fund Unit

TO:QBTC Canada Asset Management
Market Cap
$693.23K
CA$958.31K CAD
Market Cap Rank
#30413 Global
#1627 in Canada
Share Price
CA$103.30
Change (1 day)
+2.85%
52-Week Range
CA$83.50 - CA$167.60
All Time High
CA$167.60
About

Bitcoin Fund Unit operates in various business sectors.