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. Check THRM PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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. See Therma Bright Inc (THRM) net asset quality to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see market value of Therma Bright Inc.

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
Medacta Group SA
SW:MOVE
Medical Devices 0.86%
Double Medical Technology Inc
SHE:002901
Medical Devices 12.59%
Shenzhen New Industries Biomedical
SHE:300832
Medical Devices 9.95%
Jafron Biomedical Co Ltd
SHE:300529
Medical Devices 39.15%
Sinocare Inc
SHE:300298
Medical Devices 3.53%
Xiangyu Medical Co. Ltd. A
SHG:688626
Medical Devices 1.53%
INKON Life Technology Co Ltd
SHE:300143
Medical Devices 5.73%
HOB Biotech Group Corp Ltd
SHG:688656
Medical Devices 2.62%

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
$2.10 Million
CA$2.90 Million CAD
Market Cap Rank
#29921 Global
#1492 in Canada
Share Price
CA$0.05
Change (1 day)
+0.00%
52-Week Range
CA$0.01 - 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