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.
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. Check TrueLight strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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 3234 company 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 |
|---|---|---|
|
Broadcom Inc
NASDAQ:AVGO |
Semiconductors | 0.00% |
|
SK Square Co Ltd
KO:402340 |
Semiconductors | 1.99% |
|
United Microelectronics
NYSE:UMC |
Semiconductors | 4.21% |
|
Sanan Optoelectronics Co Ltd
SHG:600703 |
Semiconductors | 0.04% |
|
Puya Semiconductor Shanghai Co Ltd
SHG:688766 |
Semiconductors | 0.48% |
|
Sh Belling
SHG:600171 |
Semiconductors | 4.11% |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079 |
Semiconductors | 7.98% |
|
Suzhou Oriental Semiconductor Co. Ltd. A
SHG:688261 |
Semiconductors | 34.42% |
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