Lite Access Technologies Inc Asset Resilience Ratio
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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Lite Access Technologies Inc (2015–2020)
Asset resilience ratio of Lite Access Technologies Inc from 2015 to 2020. This chart shows how Lite Access Technologies Inc's Asset Resilience Ratio has changed over time. Read Lite Access Technologies Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Lite Access Technologies Inc balance sheet assets.
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 |
|---|---|---|
|
Tailyn Technologies
TWO:5353 |
Communication Equipment | 6.45% |
|
Hengtong Optic Electric Co Ltd
SHG:600487 |
Communication Equipment | 0.56% |
|
Tongyu Communication Inc
SHE:002792 |
Communication Equipment | 29.69% |
|
Optowide Technologies Co. Ltd. A
SHG:688195 |
Communication Equipment | 0.13% |
|
Shenzhen Kexin Communication Technologies Co Ltd
SHE:300565 |
Communication Equipment | 2.18% |
|
Bangyan Technology Co. Ltd. A
SHG:688132 |
Communication Equipment | 23.86% |
|
Shenzhen Keybridge Communications Co Ltd
SHE:002316 |
Communication Equipment | 2.54% |
|
Bluecom Co. Ltd
KQ:033560 |
Communication Equipment | 0.91% |
Lite Access Technologies Inc Asset Resilience Ratio by Year (2015–2020)
Lite Access Technologies Inc asset resilience ratio by year from 2015 to 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