Covalon Technologies Ltd. - Asset Resilience Ratio

Latest as of December 2015: 6.33%

Covalon Technologies Ltd. (COV) has an Asset Resilience Ratio of 6.33% as of December 2015. 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 Covalon Technologies Ltd. (COV) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CA$548.06K

≈ $396.46K USD Cash + Short-term Investments

Total Assets

CA$8.66 Million

≈ $6.26 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2007–2016)

This chart shows how Covalon Technologies Ltd.'s Asset Resilience Ratio has changed over time. See COV net asset value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Covalon Technologies Ltd.'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 market value of Covalon Technologies Ltd..

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CA$0.00	0%
Short-term Investments	CA$548.06K	6.33%
Total Liquid Assets	CA$548.06K	6.33%

Asset Resilience Insights

Limited Liquidity: Covalon Technologies Ltd. maintains only 6.33% 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.

Covalon Technologies Ltd. Industry Peers by Asset Resilience Ratio

Compare Covalon Technologies Ltd.'s asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Alcon AG SW:ALC	Medical Instruments & Supplies	0.26%
iRay Technology Co Ltd SHG:688301	Medical Instruments & Supplies	0.68%
Anbio Biotechnology Class A Ordinary Shares NASDAQ:NNNN	Medical Instruments & Supplies	29.19%
Jiangsu Nanfang Medical SHG:603880	Medical Instruments & Supplies	2.27%
SDI Ltd AU:SDI	Medical Instruments & Supplies	6.36%
I.Ceram SA PA:ALICR	Medical Instruments & Supplies	-1.61%
Ansell Ltd AU:ANN	Medical Instruments & Supplies	4.42%
Nanosonics Ltd AU:NAN	Medical Instruments & Supplies	51.82%

Annual Asset Resilience Ratio for Covalon Technologies Ltd. (2007–2016)

The table below shows the annual Asset Resilience Ratio data for Covalon Technologies Ltd..

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2016-09-30	0.00%	CA$0.00 ≈ $0.00	CA$6.49 Million ≈ $4.69 Million	--
2015-09-30	7.17%	CA$547.04K ≈ $395.72K	CA$7.63 Million ≈ $5.52 Million	+0.37pp
2014-09-30	6.80%	CA$541.00K ≈ $391.35K	CA$7.96 Million ≈ $5.76 Million	-2.02pp
2013-09-30	8.82%	CA$500.00K ≈ $361.69K	CA$5.67 Million ≈ $4.10 Million	+0.43pp
2012-09-30	8.38%	CA$500.00K ≈ $361.69K	CA$5.96 Million ≈ $4.31 Million	+3.02pp
2011-09-30	5.36%	CA$500.00K ≈ $361.69K	CA$9.32 Million ≈ $6.74 Million	+0.52pp
2010-09-30	4.85%	CA$500.00K ≈ $361.69K	CA$10.32 Million ≈ $7.47 Million	+0.96pp
2009-09-30	3.89%	CA$500.00K ≈ $361.69K	CA$12.87 Million ≈ $9.31 Million	-48.64pp
2008-09-30	52.52%	CA$9.08 Million ≈ $6.57 Million	CA$17.29 Million ≈ $12.51 Million	+6.82pp
2007-09-30	45.70%	CA$9.25 Million ≈ $6.69 Million	CA$20.24 Million ≈ $14.64 Million	--

pp = percentage points

About Covalon Technologies Ltd.

V:COV Canada Medical Instruments & Supplies

Market Cap

$38.48 Million

CA$53.19 Million CAD

Market Cap Rank

#22821 Global

#832 in Canada

Share Price

CA$1.94

Change (1 day)

+2.65%

52-Week Range

CA$1.56 - CA$2.88

All Time High

CA$9.18