Avante Logixx Inc - Asset Resilience Ratio

Latest as of December 2021: 1.81%

Avante Logixx Inc (XX) has an Asset Resilience Ratio of 1.81% as of December 2021. 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. Read XX total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CA$791.64K
≈ $572.66K USD Cash + Short-term Investments

Total Assets

CA$43.73 Million
≈ $31.64 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2019)

This chart shows how Avante Logixx Inc's Asset Resilience Ratio has changed over time. See Avante Logixx Inc book value and equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Avante Logixx 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 XX company net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$791.64K 1.81%
Total Liquid Assets CA$791.64K 1.81%

Asset Resilience Insights

  • Limited Liquidity: Avante Logixx Inc maintains only 1.81% 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.

Avante Logixx Inc Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
ASSA ABLOY AB (publ)
ST:ASSA-B
Security & Protection Services 0.97%
Aquila SA
PA:ALAQU
Security & Protection Services 1.23%
Intelligent Monitoring Group Ltd
AU:IMB
Security & Protection Services 17.46%
AVA Risk Group Ltd
AU:AVA
Security & Protection Services 0.37%
TZ Ltd
AU:TZL
Security & Protection Services 4.34%
DTI Group Ltd
AU:DTI
Security & Protection Services 5.48%
Spectur Ltd
AU:SP3
Security & Protection Services 38.31%
Datadot Technology Ltd
AU:DDT
Security & Protection Services 30.87%

Annual Asset Resilience Ratio for Avante Logixx Inc (2017–2019)

The table below shows the annual Asset Resilience Ratio data for Avante Logixx Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-03-31 3.22% CA$1.10 Million
≈ $796.08K
CA$34.17 Million
≈ $24.72 Million
-0.58pp
2018-03-31 3.80% CA$801.50K
≈ $579.79K
CA$21.07 Million
≈ $15.25 Million
+2.26pp
2017-03-31 1.54% CA$300.00K
≈ $217.02K
CA$19.43 Million
≈ $14.05 Million
--
pp = percentage points

About Avante Logixx Inc

V:XX Canada Security & Protection Services
Market Cap
$26.02 Million
CA$35.98 Million CAD
Market Cap Rank
#24199 Global
#916 in Canada
Share Price
CA$1.35
Change (1 day)
+0.00%
52-Week Range
CA$0.74 - CA$1.50
All Time High
CA$2.35
About

Avante Corp. develops security technologies, products, and solutions in Canada, the United States, Israel, Egypt, Italy, Kuwait, the United Kingdom, and internationally. The company provides system design, sales, installations, and monitoring services, including alarm response and patrols, personal protection, house staff training, and secure transportation. It offers consulting and installation … Read more