Avante Logixx Inc Asset Resilience Ratio
Avante Logixx Inc asset resilience ratio. 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. See XX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Avante Logixx Inc (2017–2019)
Asset resilience ratio of Avante Logixx Inc from 2017 to 2019. This chart shows how Avante Logixx Inc's Asset Resilience Ratio has changed over time. Read XX current and long-term liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Avante Logixx Inc assets under control.
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% |
|
Securitas AB
ST:SECU-B |
Security & Protection Services | 6.69% |
|
Wangli Security & Surveillance Product Co. Ltd
SHG:605268 |
Security & Protection Services | 1.14% |
|
MCS Services Ltd
AU:MSG |
Security & Protection Services | 26.46% |
|
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 | 4.26% |
|
Datadot Technology Ltd
AU:DDT |
Security & Protection Services | 30.87% |
Avante Logixx Inc Asset Resilience Ratio by Year (2017–2019)
Avante Logixx Inc asset resilience ratio by year from 2017 to 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 |
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About Avante Logixx Inc
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