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. See Lite Access Technologies Inc (LTE) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see how large is Lite Access Technologies Inc's balance sheet.
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. Explore how much of Lite Access Technologies 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$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 |
|---|---|---|
|
Lightron Inc.
KQ:069540 |
Communication Equipment | 7.29% |
|
Elsight Ltd
AU:ELS |
Communication Equipment | 0.52% |
|
Mayfield Group Holdings Ltd
AU:MYG |
Communication Equipment | 0.26% |
|
Beam Communications Holdings Ltd
AU:BCC |
Communication Equipment | 25.64% |
|
Frequentis AG
VI:FQT |
Communication Equipment | 2.36% |
|
EVS Broadcast Equipment SA
BR:EVS |
Communication Equipment | 0.13% |
|
Crescent NV
BR:OPTI |
Communication Equipment | -0.49% |
|
Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira
SA:INTB3 |
Communication Equipment | 0.28% |
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