TCM Group Asset Resilience Ratio
TCM Group asset resilience ratio. TCM Group (TCM) has an Asset Resilience Ratio of -2.76% 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 TCM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of TCM Group (2019–2023)
Asset resilience ratio of TCM Group from 2019 to 2023. This chart shows how TCM Group's Asset Resilience Ratio has changed over time. Read TCM Group total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down TCM Group'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 TCM Group total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Dkr0.00 | 0% |
| Short-term Investments | Dkr-26.81 Million | -2.76% |
| Total Liquid Assets | Dkr-26.81 Million | -2.76% |
Asset Resilience Insights
- Limited Liquidity: TCM Group maintains only -2.76% 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.
TCM Group Industry Peers by Asset Resilience Ratio
Compare TCM Group's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Yotrio Group Co Ltd
SHE:002489 |
Furnishings, Fixtures & Appliances | 10.99% |
|
Fsilon Furnishing and Construction Materials Corp
SHG:605318 |
Furnishings, Fixtures & Appliances | 15.89% |
|
Ningbo Fujia Industrial Co Ltd
SHG:603219 |
Furnishings, Fixtures & Appliances | 0.76% |
|
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
SHE:300749 |
Furnishings, Fixtures & Appliances | 1.57% |
|
Qumei Furniture Group Co Ltd
SHG:603818 |
Furnishings, Fixtures & Appliances | 0.49% |
|
CARYSIL LIMITED
NSE:CARYSIL |
Furnishings, Fixtures & Appliances | 5.42% |
|
Jiangsu Xiuqiang Glasswork Co
SHE:300160 |
Furnishings, Fixtures & Appliances | 28.50% |
|
Suncha Technology Co Ltd
SHE:001211 |
Furnishings, Fixtures & Appliances | 0.00% |
TCM Group Asset Resilience Ratio by Year (2019–2023)
TCM Group asset resilience ratio by year from 2019 to 2023. The table below shows the annual Asset Resilience Ratio data for TCM Group.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.82% | Dkr21.86 Million ≈ $3.42 Million |
Dkr1.20 Billion ≈ $187.89 Million |
+4.58pp |
| 2022-12-31 | -2.76% | Dkr-26.81 Million ≈ $-4.20 Million |
Dkr970.23 Million ≈ $151.80 Million |
-1.82pp |
| 2021-12-31 | -0.94% | Dkr-8.52 Million ≈ $-1.33 Million |
Dkr907.32 Million ≈ $141.96 Million |
-0.86pp |
| 2019-12-31 | -0.08% | Dkr-687.00K ≈ $-107.49K |
Dkr911.10 Million ≈ $142.55 Million |
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About TCM Group
TCM Group A/S manufactures and sells kitchen and furniture products for bathrooms and storage in Denmark, Norway, and internationally. The company offers kitchen, bathroom and utility room fixtures, and sliding door cabinets under the Svane Køkkenet, Tvis køkken, Nettoline, AUBO, and private label brands. It also manufactures do-it-yourself solutions for private label and independent kitchen stor… Read more