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.
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. Check asset allocation strategy of Thrace Plastics Holding and Commercial S to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see market cap of Thrace Plastics Holding and Commercial S.
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 |
|---|---|---|
|
HMT(Xiamen)New Technical
SHG:603306 |
Textile Manufacturing | 0.07% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Bros Eastern Co Ltd
SHG:601339 |
Textile Manufacturing | 3.00% |
|
Zhejiang Hangmin Co Ltd
SHG:600987 |
Textile Manufacturing | 4.33% |
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327 |
Textile Manufacturing | 16.99% |
|
Glotech Industrial
TWO:5475 |
Textile Manufacturing | 2.25% |
|
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427 |
Textile Manufacturing | 0.01% |
|
Lu Thai Textile Co Ltd
SHE:000726 |
Textile Manufacturing | 11.29% |
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