RED ELECTRICA SA
RED ELECTRICA SA operates in Diversified Metals & Mining.
RED ELECTRICA SA - Asset Resilience Ratio
RED ELECTRICA SA (RE21) has an Asset Resilience Ratio of 5.81% as of June 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 (2016–2023)
This chart shows how RED ELECTRICA SA's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down RED ELECTRICA SA's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €864.56 Million | 5.81% |
| Total Liquid Assets | €864.56 Million | 5.81% |
Asset Resilience Insights
- Limited Liquidity: RED ELECTRICA SA maintains only 5.81% 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.
RED ELECTRICA SA Industry Peers by Asset Resilience Ratio
Compare RED ELECTRICA SA's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT |
Other | 0.00% |
|
TV BROADCAST
MU:TBCN |
Other | 2.06% |
|
FIRST CITIZENS BC A
BE:FC6A |
Other | 12.78% |
|
COSTCO WHSL
MU:CTO |
Other | 1.77% |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS |
Other | 1.39% |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO |
Other | 0.43% |
Annual Asset Resilience Ratio for RED ELECTRICA SA (2016–2023)
The table below shows the annual Asset Resilience Ratio data for RED ELECTRICA SA.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.27% | €39.24 Million | €14.48 Billion | -4.82pp |
| 2022-12-31 | 5.09% | €752.50 Million | €14.78 Billion | +4.91pp |
| 2021-12-31 | 0.18% | €25.40 Million | €13.98 Billion | -0.10pp |
| 2020-12-31 | 0.28% | €35.81 Million | €12.84 Billion | -0.18pp |
| 2019-12-31 | 0.46% | €58.20 Million | €12.66 Billion | -0.02pp |
| 2018-12-31 | 0.48% | €54.21 Million | €11.26 Billion | -0.26pp |
| 2017-12-31 | 0.74% | €80.67 Million | €10.92 Billion | +0.35pp |
| 2016-12-31 | 0.38% | €40.58 Million | €10.55 Billion | -- |