Devonian Health Group Inc - Asset Resilience Ratio

Latest as of July 2023: 0.00%

Devonian Health Group Inc (GSD) has an Asset Resilience Ratio of 0.00% as of July 2023. 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 GSD strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$0.00
≈ $0.00 USD Cash + Short-term Investments

Total Assets

CA$19.18 Million
≈ $13.87 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Devonian Health Group Inc's Asset Resilience Ratio has changed over time. See Devonian Health Group Inc (GSD) balance sheet quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Devonian Health Group 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 Devonian Health Group Inc market cap and net worth.

Current Liquid Assets Breakdown

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

Asset Resilience Insights

  • Limited Liquidity: Devonian Health Group Inc maintains only 0.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company maintains a balanced mix of cash and short-term investments.

Devonian Health Group Inc Industry Peers by Asset Resilience Ratio

Compare Devonian Health Group Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Ascendis Pharma AS
NASDAQ:ASND
Biotechnology 0.00%
Biomarin Pharmaceutical Inc
NASDAQ:BMRN
Biotechnology 0.00%
Spyre Therapeutics Inc.
NASDAQ:SYRE
Biotechnology 84.34%
3SBio Inc
F:83B
Biotechnology 10.64%
Soleno Therapeutics Inc
NASDAQ:SLNO
Biotechnology 20.15%
Jiangxi Fushine Pharmaceutical Co Ltd
SHE:300497
Biotechnology 0.02%
Novavax Inc
NASDAQ:NVAX
Biotechnology 53.87%
BB Biotech AG
SW:BION
Biotechnology 0.05%

Annual Asset Resilience Ratio for Devonian Health Group Inc (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Devonian Health Group Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-07-31 0.00% CA$0.00
≈ $0.00
CA$19.18 Million
≈ $13.87 Million
--
2022-07-31 23.16% CA$5.00 Million
≈ $3.62 Million
CA$21.59 Million
≈ $15.62 Million
--
2021-07-31 0.00% CA$0.00
≈ $0.00
CA$14.61 Million
≈ $10.57 Million
--
pp = percentage points

About Devonian Health Group Inc

V:GSD Canada Biotechnology
Market Cap
$21.12 Million
CA$29.20 Million CAD
Market Cap Rank
#24947 Global
#969 in Canada
Share Price
CA$10.50
Change (1 day)
+5.00%
52-Week Range
CA$0.12 - CA$14.00
All Time High
CA$14.00
About

Devonian Health Group Inc. engages in the development of botanical drugs. Its lead product candidate is Thykamine that is in phase 3 clinical trial for the treatment of Atopic dermatitis in adult population; in phase 2/3 clinical trial for Atopic dermatitis in pediatric population; in phase 2 clinical trial for HFS associated to chemotherapy; and in phase 2/3 clinical trial for Radiodermatitis as… Read more