Purmo Group Oyj

HE:PURMO Finland Building Products & Equipment
Market Cap
$481.09 Million
€468.68 Million EUR
Market Cap Rank
#26795 Global
#104 in Finland
Share Price
€11.40
Change (1 day)
+0.00%
52-Week Range
€11.40 - €11.40
All Time High
€13.29
About

Purmo Group Oyj provides indoor climate comfort solutions worldwide. It operates in two divisions, Climate Products & Systems; and Climate Solutions. The company manufactures panel, tubular, and electric radiators; radiant heating and cooling products, including underfloor heating, air heating and cooling, water distribution systems, and system components and controls to residential and non-resid… Read more

Purmo Group Oyj - Asset Resilience Ratio

Latest as of September 2023: 8.94%

Purmo Group Oyj (PURMO) has an Asset Resilience Ratio of 8.94% as of September 2023. 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
€89.90 Million
Cash + Short-term Investments
Total Assets
€1.01 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Purmo Group Oyj's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Purmo Group Oyj'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 €89.90 Million 8.94%
Short-term Investments €0.00 0%
Total Liquid Assets €89.90 Million 8.94%

Asset Resilience Insights

  • Limited Liquidity: Purmo Group Oyj maintains only 8.94% 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.

Purmo Group Oyj Industry Peers by Asset Resilience Ratio

Compare Purmo Group Oyj's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Huasu Holdings Co Ltd
SHE:000509
Building Products & Equipment 3.35%
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
Building Products & Equipment 0.11%
Beijing New Building Materials Public Ltd Co
SHE:000786
Building Products & Equipment 4.54%
Yantai Moon Co Ltd
SHE:000811
Building Products & Equipment 10.60%
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
Building Products & Equipment 1.74%
Shandong Luyang Share Co Ltd
SHE:002088
Building Products & Equipment 0.33%
Everjoy Health Group Co Ltd
SHE:002162
Building Products & Equipment 4.00%
XinJiang GuoTong Pipeline Co Ltd
SHE:002205
Building Products & Equipment -21.62%

Annual Asset Resilience Ratio for Purmo Group Oyj (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Purmo Group Oyj.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.45% €4.50 Million €997.80 Million -5.27pp
2022-12-31 5.72% €56.30 Million €983.70 Million -11.25pp
2021-12-31 16.98% €177.60 Million €1.05 Billion --
pp = percentage points