Resaas Services Inc - Asset Resilience Ratio

Latest as of June 2022: 5.13%

Resaas Services Inc (RSS) has an Asset Resilience Ratio of 5.13% as of June 2022. 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 Resaas Services Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$51.50K
≈ $37.25K USD Cash + Short-term Investments

Total Assets

CA$1.00 Million
≈ $726.49K USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2011–2019)

This chart shows how Resaas Services Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Resaas Services Inc (RSS) total assets.

Liquid Assets Composition Over Time

This chart breaks down Resaas Services Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read how much debt does Resaas Services Inc carry 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$51.50K 5.13%
Total Liquid Assets CA$51.50K 5.13%

Asset Resilience Insights

  • Limited Liquidity: Resaas Services Inc maintains only 5.13% 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.

Resaas Services Inc Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Beijing Kingsoft Office Software In
SHG:688111
Software - Application 7.51%
Xero Ltd
AU:XRO
Software - Application 18.62%
Webull Corp
NASDAQ:BULL
Software - Application 4.45%
Douzone Bizon Co Ltd
KO:012510
Software - Application 3.64%
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
Software - Application 0.17%
Beijing Global Safety Technology Co Ltd
SHE:300523
Software - Application 0.01%
Shanghai Baosight Software Co Ltd B
SHG:900926
Software - Application 0.04%
Client Service International Inc
SHE:300663
Software - Application 0.49%

Annual Asset Resilience Ratio for Resaas Services Inc (2011–2019)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 3.84% CA$56.51K
≈ $40.88K
CA$1.47 Million
≈ $1.06 Million
-6.35pp
2013-12-31 10.20% CA$508.48K
≈ $367.82K
CA$4.99 Million
≈ $3.61 Million
+3.48pp
2012-12-31 6.71% CA$505.84K
≈ $365.92K
CA$7.54 Million
≈ $5.45 Million
-2.29pp
2011-12-31 9.00% CA$510.00K
≈ $368.93K
CA$5.67 Million
≈ $4.10 Million
--
pp = percentage points

About Resaas Services Inc

V:RSS Canada Software - Application
Market Cap
$38.30 Million
CA$52.94 Million CAD
Market Cap Rank
#23379 Global
#851 in Canada
Share Price
CA$0.63
Change (1 day)
+1.61%
52-Week Range
CA$0.34 - CA$0.64
All Time High
CA$1.76
About

RESAAS Services Inc. develops web and mobile communications software for the real estate industry. The company offers a cloud-based technology platform for the real estate industry servicing multiple listing services (MLSs), franchises, real estate brokerage, and real estate agents on a B2B basis. It also provides a suite of tools that integrate with the platform, including a global referral netw… Read more