Spinnova Oy

HE:SPINN Finland Textile Manufacturing
Market Cap
$23.08 Million
€22.49 Million EUR
Market Cap Rank
#28110 Global
#117 in Finland
Share Price
€0.43
Change (1 day)
-4.34%
52-Week Range
€0.35 - €1.10
All Time High
€17.00
About

Spinnova Oyj produces and sells natural fibre materials in Finland and internationally. The company produces Spinnova textile fibres, which is made from a range of raw materials, including wood to leather, textile, agricultural, food industry and beverage waste. Spinnova Oyj was incorporated in 2014 and is headquartered in Jyväskylä, Finland.

Spinnova Oy - Asset Resilience Ratio

Latest as of June 2025: 73.15%

Spinnova Oy (SPINN) has an Asset Resilience Ratio of 73.15% as of June 2025. 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
€41.56 Million
Cash + Short-term Investments
Total Assets
€56.82 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2024)

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

Liquid Assets Composition Over Time

This chart breaks down Spinnova Oy'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 €2.15 Million 3.79%
Short-term Investments €39.41 Million 69.36%
Total Liquid Assets €41.56 Million 73.15%

Asset Resilience Insights

  • Very High Liquidity: Spinnova Oy maintains exceptional liquid asset reserves at 73.15% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Spinnova Oy Industry Peers by Asset Resilience Ratio

Compare Spinnova Oy's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Shenzhen Textile Holdings Co Ltd
SHE:000045
Textile Manufacturing 13.61%
Kyungbangco.Ltd
KO:000050
Textile Manufacturing 0.01%
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
Textile Manufacturing 0.06%
Jilin Chemical Fibre Co Ltd
SHE:000420
Textile Manufacturing 1.34%
Lu Thai Textile Co Ltd
SHE:000726
Textile Manufacturing 11.29%
Anhui Huamao Textile Co Ltd
SHE:000850
Textile Manufacturing 16.68%
Xinxiang Chemical Fiber Co Ltd
SHE:000949
Textile Manufacturing 0.52%
Chonbang
KO:000950
Textile Manufacturing 27.45%

Annual Asset Resilience Ratio for Spinnova Oy (2020–2024)

The table below shows the annual Asset Resilience Ratio data for Spinnova Oy.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 56.72% €47.24 Million €83.29 Million -5.60pp
2023-12-31 62.32% €61.46 Million €98.61 Million -9.58pp
2022-12-31 71.91% €82.72 Million €115.03 Million -14.65pp
2021-12-31 86.56% €107.04 Million €123.65 Million +38.67pp
2020-12-31 47.89% €8.12 Million €16.96 Million --
pp = percentage points