Toromont Industries Ltd. - Asset Resilience Ratio
Toromont Industries Ltd. (TIH) has an Asset Resilience Ratio of 0.08% as of March 2010. 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 Toromont Industries Ltd. short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1999–2016)
This chart shows how Toromont Industries Ltd.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Toromont Industries Ltd. balance sheet assets.
Liquid Assets Composition Over Time
This chart breaks down Toromont Industries Ltd.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read TIH total debt and obligations for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.85 Million | 0.08% |
| Total Liquid Assets | CA$1.85 Million | 0.08% |
Asset Resilience Insights
- Limited Liquidity: Toromont Industries Ltd. maintains only 0.08% 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.
Toromont Industries Ltd. Industry Peers by Asset Resilience Ratio
Compare Toromont Industries Ltd.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Stealth Group Holdings Ltd
AU:SGI |
Industrial Distribution | 3.59% |
|
Coventry Group Ltd
AU:CYG |
Industrial Distribution | 2.52% |
|
Reece Ltd
AU:REH |
Industrial Distribution | 2.57% |
|
Saferoads Holdings Ltd
AU:SRH |
Industrial Distribution | 32.20% |
|
Andritz AG
VI:ANDR |
Industrial Distribution | 2.51% |
|
Frauenthal Holding AG
VI:FKA |
Industrial Distribution | 1.78% |
|
Indústrias Romi S.A
SA:ROMI3 |
Industrial Distribution | 8.69% |
|
Finning International Inc.
TO:FTT |
Industrial Distribution | 0.67% |
Annual Asset Resilience Ratio for Toromont Industries Ltd. (1999–2016)
The table below shows the annual Asset Resilience Ratio data for Toromont Industries Ltd..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2016-12-31 | 0.08% | CA$1.20 Million ≈ $865.89K |
CA$1.41 Billion ≈ $1.02 Billion |
-0.11pp |
| 2015-12-31 | 0.19% | CA$2.44 Million ≈ $1.77 Million |
CA$1.28 Billion ≈ $923.09 Million |
-5.29pp |
| 2000-12-31 | 5.48% | CA$33.65 Million ≈ $24.34 Million |
CA$613.79 Million ≈ $444.00 Million |
-7.36pp |
| 1999-12-31 | 12.84% | CA$67.80 Million ≈ $49.05 Million |
CA$528.10 Million ≈ $382.02 Million |
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About Toromont Industries Ltd.
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercia… Read more