CanadaBis Capital Inc - Asset Resilience Ratio

Latest as of January 2024: 2.98%

CanadaBis Capital Inc (CANB) has an Asset Resilience Ratio of 2.98% as of January 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. Check CanadaBis Capital Inc (CANB) strategic investment index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$700.00K
≈ $506.37K USD Cash + Short-term Investments

Total Assets

CA$23.49 Million
≈ $17.00 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2023)

This chart shows how CanadaBis Capital Inc's Asset Resilience Ratio has changed over time. See CANB net asset quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down CanadaBis Capital Inc'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 CANB stock market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$700.00K 2.98%
Total Liquid Assets CA$700.00K 2.98%

Asset Resilience Insights

  • Limited Liquidity: CanadaBis Capital Inc maintains only 2.98% 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.

CanadaBis Capital Inc Industry Peers by Asset Resilience Ratio

Compare CanadaBis Capital Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Swedish Orphan Biovitrum AB (publ)
ST:SOBI
Drug Manufacturers - Specialty & Generic 1.54%
Aurobindo Pharma Limited
NSE:AUROPHARMA
Drug Manufacturers - Specialty & Generic 1.28%
Shijiazhuang Yiling Pharmaceutical Co Ltd
SHE:002603
Drug Manufacturers - Specialty & Generic 11.60%
Shandong Buchang Pharmaceuticals Co Ltd
SHG:603858
Drug Manufacturers - Specialty & Generic 3.47%
Tianjin Chase Sun Pharmaceutical Co Ltd
SHE:300026
Drug Manufacturers - Specialty & Generic -0.89%
Zhejiang Hisoar Pharmaceutical Co Ltd
SHE:002099
Drug Manufacturers - Specialty & Generic 0.20%
Xeris Pharmaceuticals Inc
NASDAQ:XERS
Drug Manufacturers - Specialty & Generic 0.00%
Procter & Gamble Health Limited
NSE:PGHL
Drug Manufacturers - Specialty & Generic 33.01%

Annual Asset Resilience Ratio for CanadaBis Capital Inc (2019–2023)

The table below shows the annual Asset Resilience Ratio data for CanadaBis Capital Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-07-31 3.05% CA$700.00K
≈ $506.37K
CA$22.96 Million
≈ $16.61 Million
-4.32pp
2019-07-31 7.37% CA$395.00K
≈ $285.74K
CA$5.36 Million
≈ $3.88 Million
--
pp = percentage points

About CanadaBis Capital Inc

V:CANB Canada Drug Manufacturers - Specialty & Generic
Market Cap
$1.53 Million
CA$2.12 Million CAD
Market Cap Rank
#30196 Global
#1532 in Canada
Share Price
CA$0.02
Change (1 day)
+0.00%
52-Week Range
CA$0.01 - CA$0.05
All Time High
CA$0.55
About

CanadaBis Capital Inc. engages in the production and sale of recreational cannabis and cannabis extracts in Canada. It operates through two segments: Cultivation and Extraction. The company cultivates and distributes cannabis and cannabis products to and through, provincial liquor and cannabis boards. It is also involved in the production and wholesale distribution of cannabis extract products th… Read more