TrueLight - Asset Resilience Ratio
TrueLight (3234) has an Asset Resilience Ratio of 0.88% 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 3234 total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (None–None)
This chart shows how TrueLight's Asset Resilience Ratio has changed over time. See what is TrueLight's book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down TrueLight'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 TrueLight market cap and net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 0% |
| Short-term Investments | NT$12.05 Million | 0.88% |
| Total Liquid Assets | NT$12.05 Million | 0.88% |
Asset Resilience Insights
- Limited Liquidity: TrueLight maintains only 0.88% 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.
TrueLight Industry Peers by Asset Resilience Ratio
Compare TrueLight's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
NVIDIA Corporation
NASDAQ:NVDA |
Semiconductors | 25.12% |
|
Broadcom Inc
NASDAQ:AVGO |
Semiconductors | 0.00% |
|
MediaTek Inc
TW:2454 |
Semiconductors | 1.67% |
|
Shannon Semiconductor Technology Co Ltd
SHE:300475 |
Semiconductors | 1.74% |
|
Sitime Corporation
NASDAQ:SITM |
Semiconductors | 61.15% |
|
Shanghai V-Test Semiconductor Tech Co. Ltd. A
SHG:688372 |
Semiconductors | 5.23% |
|
Airoha Technology Corp
TW:6526 |
Semiconductors | 0.08% |
|
Melexis NV
BR:MELE |
Semiconductors | 0.04% |
Annual Asset Resilience Ratio for TrueLight (None–None)
The table below shows the annual Asset Resilience Ratio data for TrueLight.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||
About TrueLight
TrueLight Corporation designs, develops, and supplies optical communication components in China, Taiwan, Asia, the United States, and Europe. The company offers optical fiber communication, 4G/5G mobile communication base station interconnection, cloud data center, and 3D sensing/near-field sensing/flood illumination products. It also provides vertical cavity surface emitting lasers, edge lasers,… Read more