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. See Devonian Health Group Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Devonian Health Group Inc (GSD) total assets.

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. Read total liabilities of Devonian Health Group Inc for a breakdown of total debt and financial obligations.

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
Vaxcyte Inc
NASDAQ:PCVX
Biotechnology 41.54%
Enliven Therapeutics Inc.
NASDAQ:ELVN
Biotechnology 83.46%
Xiamen Amoytop Biotech Co Ltd
SHG:688278
Biotechnology 4.69%
Neuren Pharmaceuticals Ltd
AU:NEU
Biotechnology 90.43%
Chengzhi Shareholding Co Ltd
SHE:000990
Biotechnology 6.12%
HLB Co. Ltd
KQ:028300
Biotechnology 3.29%
Blue Jet Healthcare Limited
NSE:BLUEJET
Biotechnology 13.81%
Chengdu Kanghua Biological Products
SHE:300841
Biotechnology 1.19%

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
$18.00 Million
CA$24.89 Million CAD
Market Cap Rank
#25529 Global
#1006 in Canada
Share Price
CA$8.95
Change (1 day)
+3.77%
52-Week Range
CA$0.14 - CA$14.00
All Time High
CA$14.00
About

Devonian Health Group Inc. operates as a clinical stage biopharmaceutical corporation with novel therapeutic approaches targeting unmet medical needs in Canada and Internationally. It 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 At… Read more