Frigoglass S.A.I.C. Asset Resilience Ratio

Latest as of December 2022: 0.20%

Frigoglass S.A.I.C. asset resilience ratio. Frigoglass S.A.I.C. (FRIGO) has an Asset Resilience Ratio of 0.20% as of December 2022. 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 FRIGO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Liquid Assets

€853.00K
≈ $997.25K USD Cash + Short-term Investments

Total Assets

€434.54 Million
≈ $508.03 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Frigoglass S.A.I.C. (2017–2019)

Asset resilience ratio of Frigoglass S.A.I.C. from 2017 to 2019. This chart shows how Frigoglass S.A.I.C.'s Asset Resilience Ratio has changed over time. Read FRIGO liabilities breakdown for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Frigoglass S.A.I.C.'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 total assets of Frigoglass S.A.I.C..

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents €853.00K 0.2%
Short-term Investments €0.00 0%
Total Liquid Assets €853.00K 0.20%

Asset Resilience Insights

  • Limited Liquidity: Frigoglass S.A.I.C. maintains only 0.20% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Frigoglass S.A.I.C. Industry Peers by Asset Resilience Ratio

Compare Frigoglass S.A.I.C.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
Specialty Industrial Machinery 26.40%
Sunonwealth Electric Machine Industry Co Ltd
TW:2421
Specialty Industrial Machinery 2.24%
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
Specialty Industrial Machinery 1.19%
TD Power Systems Limited
NSE:TDPOWERSYS
Specialty Industrial Machinery 3.48%
AA Industrial Belting
SHG:603580
Specialty Industrial Machinery 4.40%
Zhejiang Windey Co Ltd
SHE:300772
Specialty Industrial Machinery 6.45%
Sinoseal Holding Co Ltd
SHE:300470
Specialty Industrial Machinery 13.39%
Raymond Limited
NSE:RAYMOND
Specialty Industrial Machinery 10.66%

Frigoglass S.A.I.C. Asset Resilience Ratio by Year (2017–2019)

Frigoglass S.A.I.C. asset resilience ratio by year from 2017 to 2019. The table below shows the annual Asset Resilience Ratio data for Frigoglass S.A.I.C..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 12.22% €54.17 Million
≈ $63.33 Million
€443.39 Million
≈ $518.37 Million
-0.17pp
2018-12-31 12.39% €49.06 Million
≈ $57.35 Million
€396.10 Million
≈ $463.08 Million
-1.21pp
2017-12-31 13.59% €53.12 Million
≈ $62.11 Million
€390.83 Million
≈ $456.93 Million
--
pp = percentage points

About Frigoglass S.A.I.C.

AT:FRIGO Greece Specialty Industrial Machinery
Market Cap
$53.83 Million
€46.04 Million EUR
Market Cap Rank
#22299 Global
#74 in Greece
Share Price
€0.38
Change (1 day)
-2.56%
52-Week Range
€0.30 - €0.50
All Time High
€29.04
About

Frigoglass S.A.I.C., together with its subsidiaries, manufactures, trades in, and distributes commercial refrigeration units and packaging materials for the beverage industry. The company operates through Ice Cold Merchandise Operations and Glass Operations segments. It also offers glass containers and bottles, plastic crates, metal crowns, and other containers primarily for soft drinks, beer, fo… Read more