Thrace Plastics Holding and Commercial S.A - Asset Resilience Ratio
Thrace Plastics Holding and Commercial S.A (PLAT) has an Asset Resilience Ratio of 3.18% as of March 2024. 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 PLAT liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2023)
This chart shows how Thrace Plastics Holding and Commercial S.A's Asset Resilience Ratio has changed over time. See Thrace Plastics Holding and Commercial S free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Thrace Plastics Holding and Commercial S.A'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 PLAT asset base.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €13.66 Million | 3.18% |
| Total Liquid Assets | €13.66 Million | 3.18% |
Asset Resilience Insights
- Limited Liquidity: Thrace Plastics Holding and Commercial S.A maintains only 3.18% 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.
Thrace Plastics Holding and Commercial S.A Industry Peers by Asset Resilience Ratio
Compare Thrace Plastics Holding and Commercial S.A's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Bros Eastern Co Ltd
SHG:601339 |
Textile Manufacturing | 3.00% |
|
Luolai Home Textile Co Ltd
SHE:002293 |
Textile Manufacturing | 3.16% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Zhejiang Hangmin Co Ltd
SHG:600987 |
Textile Manufacturing | 3.60% |
|
Indo Count Industries Limited
NSE:ICIL |
Textile Manufacturing | 13.59% |
|
Shenzhen Textile Holdings Co Ltd
SHE:000045 |
Textile Manufacturing | 13.86% |
|
Anhui Huamao Textile Co Ltd
SHE:000850 |
Textile Manufacturing | 14.63% |
|
Wuhu Fuchun Dye and Weave Co.Ltd.
SHG:605189 |
Textile Manufacturing | 0.58% |
Annual Asset Resilience Ratio for Thrace Plastics Holding and Commercial S.A (2018–2023)
The table below shows the annual Asset Resilience Ratio data for Thrace Plastics Holding and Commercial S.A.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 3.27% | €13.27 Million ≈ $15.51 Million |
€406.26 Million ≈ $474.97 Million |
-8.66pp |
| 2020-12-31 | 11.92% | €40.80 Million ≈ $47.70 Million |
€342.16 Million ≈ $400.02 Million |
+5.11pp |
| 2019-12-31 | 6.81% | €22.02 Million ≈ $25.74 Million |
€323.34 Million ≈ $378.02 Million |
-0.26pp |
| 2018-12-31 | 7.07% | €22.65 Million ≈ $26.48 Million |
€320.23 Million ≈ $374.38 Million |
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About Thrace Plastics Holding and Commercial S.A
Thrace Plastics Holding Company S.A. produces and distributes polypropylene products in Greece and internationally. The company provides various technical fabrics, such as woven and nonwoven geotextiles, geogrids, geocomposites, geosynthetic clay liners, drainage geonets, geobags, silt fences, erosion control mats, and mini rolls, as well as geosynthetic reactive clay with attapulgite clay; stadi… Read more