Therma Bright Inc - Asset Resilience Ratio

Latest as of April 2025: 1.12%

Therma Bright Inc (THRM) has an Asset Resilience Ratio of 1.12% as of April 2025. 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 THRM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$33.28K
≈ $24.07K USD Cash + Short-term Investments

Total Assets

CA$2.97 Million
≈ $2.15 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2024–2024)

This chart shows how Therma Bright Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see THRM total assets.

Liquid Assets Composition Over Time

This chart breaks down Therma Bright Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore long-term investment intensity of Therma Bright Inc 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$33.28K 1.12%
Total Liquid Assets CA$33.28K 1.12%

Asset Resilience Insights

  • Limited Liquidity: Therma Bright Inc maintains only 1.12% 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.

Therma Bright Inc Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Demant A/S
CO:DEMANT
Medical Devices -2.59%
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
Medical Devices 0.84%
INKON Life Technology Co Ltd
SHE:300143
Medical Devices 5.73%
LENSAR Inc
NASDAQ:LNSR
Medical Devices 0.00%
Lumos Diagnostics Holdings Ltd
AU:LDX
Medical Devices 14.18%
Emvision Medical Devices Ltd
AU:EMV
Medical Devices 0.06%
DRTECH Corporation
KQ:214680
Medical Devices 5.18%
MODULIGHT OY EO 1
F:78W
Medical Devices 15.99%

Annual Asset Resilience Ratio for Therma Bright Inc (2024–2024)

The table below shows the annual Asset Resilience Ratio data for Therma Bright Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-07-31 0.00% CA$0.00
≈ $0.00
CA$3.19 Million
≈ $2.31 Million
--
pp = percentage points

About Therma Bright Inc

V:THRM Canada Medical Devices
Market Cap
$1.89 Million
CA$2.61 Million CAD
Market Cap Rank
#30172 Global
#1498 in Canada
Share Price
CA$0.05
Change (1 day)
-10.00%
52-Week Range
CA$0.05 - CA$0.11
All Time High
CA$0.87
About

Therma Bright Inc. acquires, develops, manufactures, and markets proprietary healthcare and medical devices focused on respiratory diseases, vascular health, and consumer medical devices for consumer and institutional marketplace. Its products include AcuVid, an antigen and antibody rapid screening test for COVID-19; InterceptCS, a cold sore prevention system, which provides controlled topical he… Read more