Innovotech Inc - Asset Resilience Ratio

Latest as of December 2024: 0.00%

Innovotech Inc (IOT) has an Asset Resilience Ratio of 0.00% as of December 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. See how liquid is Innovotech Inc's working capital 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$3.22 Million
≈ $2.33 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2024)

This chart shows how Innovotech Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Innovotech Inc asset portfolio.

Liquid Assets Composition Over Time

This chart breaks down Innovotech Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore how much of Innovotech Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.

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: Innovotech 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.

Innovotech Inc Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
argenx NV ADR
NASDAQ:ARGX
Biotechnology 15.95%
Madrigal Pharmaceuticals Inc
NASDAQ:MDGL
Biotechnology 62.31%
Shanghai RAAS Blood Products Co Ltd Class A
SHE:002252
Biotechnology 2.03%
Halozyme Therapeutics Inc
NASDAQ:HALO
Biotechnology 12.71%
Tubize-Fin
BR:TUB
Biotechnology 2.50%
Aurinia Pharmaceuticals Inc
NASDAQ:AUPH
Biotechnology 33.23%
Nanobiotix
NASDAQ:NBTX
Biotechnology 4.71%
Innovita Biological Technology Co. Ltd. A
SHG:688253
Biotechnology 65.12%

Annual Asset Resilience Ratio for Innovotech Inc (2021–2024)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.00% CA$0.00
≈ $0.00
CA$3.22 Million
≈ $2.33 Million
--
2023-12-31 5.60% CA$68.14K
≈ $49.29K
CA$1.22 Million
≈ $880.02K
-1.08pp
2022-12-31 6.68% CA$81.64K
≈ $59.06K
CA$1.22 Million
≈ $884.56K
+1.64pp
2021-12-31 5.04% CA$72.20K
≈ $52.23K
CA$1.43 Million
≈ $1.04 Million
--
pp = percentage points

About Innovotech Inc

V:IOT Canada Biotechnology
Market Cap
$3.15 Million
CA$4.36 Million CAD
Market Cap Rank
#29482 Global
#1389 in Canada
Share Price
CA$0.08
Change (1 day)
+6.67%
52-Week Range
CA$0.07 - CA$0.29
All Time High
CA$0.34
About

Innovotech Inc. provides assay kits used in growing microbial biofilms for research purposes in Canada, the United States, and internationally. The company offers InnovoSIL, a silver periodate antimicrobial compounds for medical applications; and MBEC Assay kit, a screening assay used to determine the efficacy of antimicrobials against biofilms of a variety of microorganisms; pre-coated MBEC Assa… Read more