TrustBIX Inc Asset Resilience Ratio

Latest as of December 2019: 3.60%

TrustBIX Inc asset resilience ratio. TrustBIX Inc (TBIX) has an Asset Resilience Ratio of 3.60% as of December 2019. 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 defensive interval ratio of TrustBIX Inc to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CA$50.43K
≈ $36.48K USD Cash + Short-term Investments

Total Assets

CA$1.40 Million
≈ $1.01 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of TrustBIX Inc (2019–2019)

Asset resilience ratio of TrustBIX Inc from 2019 to 2019. This chart shows how TrustBIX Inc's Asset Resilience Ratio has changed over time. Read TrustBIX Inc (TBIX) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down TrustBIX 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 balance sheet size of TrustBIX Inc.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$50.43K 3.6%
Total Liquid Assets CA$50.43K 3.60%

Asset Resilience Insights

  • Limited Liquidity: TrustBIX Inc maintains only 3.60% 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.

TrustBIX Inc Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
TaTaTu SpA
PA:ALTTU
Software - Application 1.52%
Wealthfront Corporation Common Stock
NASDAQ:WLTH
Software - Application 45.82%
IReader Technology Co Ltd
SHG:603533
Software - Application 16.95%
Nanjing Doron Technology Corp
SHG:603528
Software - Application 32.76%
Chrysos Corporation Ltd
AU:C79
Software - Application 7.54%
Socar Inc.
KO:403550
Software - Application 1.30%
Envirosuite Ltd
AU:EVS
Software - Application 0.66%
Quick Heal Technologies Limited
NSE:QUICKHEAL
Software - Application 37.51%

TrustBIX Inc Asset Resilience Ratio by Year (2019–2019)

TrustBIX Inc asset resilience ratio by year from 2019 to 2019. The table below shows the annual Asset Resilience Ratio data for TrustBIX Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-09-30 3.14% CA$64.89K
≈ $46.94K
CA$2.07 Million
≈ $1.50 Million
--
pp = percentage points

About TrustBIX Inc

V:TBIX Canada Software - Application
Market Cap
$503.51K
CA$696.05K CAD
Market Cap Rank
#31069 Global
#1641 in Canada
Share Price
CA$0.01
Change (1 day)
+0.00%
52-Week Range
CA$0.01 - CA$0.03
All Time High
CA$0.90
About

TrustBIX Inc., together with its subsidiaries, provides information solutions for agri-food industry in Canada, the United States, and internationally. The company offers Gate to Plate Technologies comprising Proprietary Indoor Farms. It also provides ViewTrak Technologies that provides auction and dealer software for livestock sales, as well as pork grading probes; and industrial IoT to track, l… Read more