Lite Access Technologies Inc - Asset Resilience Ratio
Lite Access Technologies Inc (LTE) has an Asset Resilience Ratio of 0.07% as of June 2018. 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 LTE total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2020)
This chart shows how Lite Access Technologies Inc's Asset Resilience Ratio has changed over time. See Lite Access Technologies Inc net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Lite Access Technologies 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 LTE stock market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$12.03K | 0.07% |
| Total Liquid Assets | CA$12.03K | 0.07% |
Asset Resilience Insights
- Limited Liquidity: Lite Access Technologies Inc maintains only 0.07% 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.
Lite Access Technologies Inc Industry Peers by Asset Resilience Ratio
Compare Lite Access Technologies Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Wingtech Technology Co Ltd
SHG:600745 |
Communication Equipment | 8.70% |
|
Linktel Technologies Co. Ltd. A
SHE:301205 |
Communication Equipment | 10.54% |
|
Sunwave Communications Co Ltd
SHE:002115 |
Communication Equipment | 4.40% |
|
Beijing Electronic Zone Investment and Development Group Co Ltd
SHG:600658 |
Communication Equipment | 0.01% |
|
ValueHD Corp. A
SHE:301318 |
Communication Equipment | 29.70% |
|
Axcen Photonics
TWO:6530 |
Communication Equipment | 9.00% |
|
Siyata Mobile Inc
NASDAQ:SYTA |
Communication Equipment | 15.04% |
|
Alltek Technology Corp
TW:3209 |
Communication Equipment | 0.10% |
Annual Asset Resilience Ratio for Lite Access Technologies Inc (2015–2020)
The table below shows the annual Asset Resilience Ratio data for Lite Access Technologies Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-09-30 | 1.72% | CA$200.00K ≈ $144.68K |
CA$11.65 Million ≈ $8.43 Million |
-2.29pp |
| 2019-09-30 | 4.01% | CA$350.00K ≈ $253.18K |
CA$8.73 Million ≈ $6.31 Million |
+3.96pp |
| 2017-09-30 | 0.05% | CA$12.03K ≈ $8.70K |
CA$23.72 Million ≈ $17.16 Million |
-- |
| 2016-09-30 | 0.00% | CA$0.00 ≈ $0.00 |
CA$10.42 Million ≈ $7.54 Million |
-- |
| 2015-09-30 | 1.00% | CA$41.91K ≈ $30.31K |
CA$4.20 Million ≈ $3.04 Million |
-- |
About Lite Access Technologies Inc
Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro-duct and air-blown fiber in Canada, and the United States. The company operates through Product and Fibre Optic Installation segments. It offers micro-duct, air-blown fiber, and micro and narrow trench installation services for use in various communication networks. In additio… Read more