Nokian Renkaat Oyj Asset Resilience Ratio
Nokian Renkaat Oyj asset resilience ratio. Nokian Renkaat Oyj (TYRES) has an Asset Resilience Ratio of 5.12% 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. Read Nokian Renkaat Oyj debt and liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Nokian Renkaat Oyj (2004–2024)
Asset resilience ratio of Nokian Renkaat Oyj from 2004 to 2024. This chart shows how Nokian Renkaat Oyj's Asset Resilience Ratio has changed over time. See Nokian Renkaat Oyj (TYRES) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Nokian Renkaat Oyj'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 how large is Nokian Renkaat Oyj's balance sheet.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €124.90 Million | 5.12% |
| Short-term Investments | €0.00 | 0% |
| Total Liquid Assets | €124.90 Million | 5.12% |
Asset Resilience Insights
- Limited Liquidity: Nokian Renkaat Oyj maintains only 5.12% 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.
Nokian Renkaat Oyj Industry Peers by Asset Resilience Ratio
Compare Nokian Renkaat Oyj's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Yeong Hwa Meta
KO:012280 |
Auto Parts | 1.54% |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567 |
Auto Parts | 0.39% |
|
Hankook Tire Worldwide
KO:000240 |
Auto Parts | 0.57% |
|
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
SHE:002284 |
Auto Parts | 17.18% |
|
Ningbo Tip Rubber Technology Co Ltd
SHG:605255 |
Auto Parts | 4.31% |
|
SAF Holland SA
XETRA:SFQ |
Auto Parts | 0.66% |
|
Gui Zhou Tyre Co Ltd
SHE:000589 |
Auto Parts | 0.35% |
|
MAHLE Metal Leve S.A
SA:LEVE3 |
Auto Parts | 0.28% |
Nokian Renkaat Oyj Asset Resilience Ratio by Year (2004–2024)
Nokian Renkaat Oyj asset resilience ratio by year from 2004 to 2024. The table below shows the annual Asset Resilience Ratio data for Nokian Renkaat Oyj.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.00% | €0.00 ≈ $0.00 |
€2.42 Billion ≈ $2.83 Billion |
-- |
| 2023-12-31 | 2.18% | €50.70 Million ≈ $59.27 Million |
€2.33 Billion ≈ $2.72 Billion |
+2.83pp |
| 2022-12-31 | -0.65% | €-14.40 Million ≈ $-16.84 Million |
€2.21 Billion ≈ $2.58 Billion |
-2.49pp |
| 2021-12-31 | 1.84% | €43.80 Million ≈ $51.21 Million |
€2.38 Billion ≈ $2.79 Billion |
+2.09pp |
| 2020-12-31 | -0.25% | €-5.80 Million ≈ $-6.78 Million |
€2.34 Billion ≈ $2.73 Billion |
+1.42pp |
| 2019-12-31 | -1.66% | €-38.80 Million ≈ $-45.36 Million |
€2.33 Billion ≈ $2.73 Billion |
-5.29pp |
| 2018-12-31 | 3.62% | €75.80 Million ≈ $88.62 Million |
€2.09 Billion ≈ $2.45 Billion |
+2.50pp |
| 2017-12-31 | 1.12% | €21.00 Million ≈ $24.55 Million |
€1.88 Billion ≈ $2.19 Billion |
+1.64pp |
| 2016-12-31 | -0.53% | €-10.40 Million ≈ $-12.16 Million |
€1.98 Billion ≈ $2.31 Billion |
-0.02pp |
| 2015-12-31 | -0.50% | €-8.80 Million ≈ $-10.29 Million |
€1.75 Billion ≈ $2.05 Billion |
-1.93pp |
| 2014-12-31 | 1.43% | €25.70 Million ≈ $30.05 Million |
€1.80 Billion ≈ $2.10 Billion |
+1.98pp |
| 2013-12-31 | -0.55% | €-11.40 Million ≈ $-13.33 Million |
€2.06 Billion ≈ $2.41 Billion |
+0.35pp |
| 2012-12-31 | -0.90% | €-18.20 Million ≈ $-21.28 Million |
€2.02 Billion ≈ $2.36 Billion |
+0.05pp |
| 2011-12-31 | -0.95% | €-17.90 Million ≈ $-20.93 Million |
€1.88 Billion ≈ $2.19 Billion |
+0.55pp |
| 2010-12-31 | -1.50% | €-20.60 Million ≈ $-24.08 Million |
€1.37 Billion ≈ $1.60 Billion |
-1.63pp |
| 2009-12-31 | 0.13% | €1.60 Million ≈ $1.87 Million |
€1.22 Billion ≈ $1.43 Billion |
-0.91pp |
| 2008-12-31 | 1.04% | €14.80 Million ≈ $17.30 Million |
€1.42 Billion ≈ $1.66 Billion |
+0.88pp |
| 2007-12-31 | 0.16% | €1.90 Million ≈ $2.22 Million |
€1.16 Billion ≈ $1.35 Billion |
-43.25pp |
| 2004-12-31 | 43.41% | €251.00 Million ≈ $293.45 Million |
€578.20 Million ≈ $675.98 Million |
-- |
About Nokian Renkaat Oyj
Nokian Renkaat Oyj develops and manufactures tires for passenger cars, trucks, and heavy machineries in Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor Tire Chain segments. The company develops and produces winter, summer, and all-season tires for passenger cars, SUVs, and vans; tires for forestry machinery; special … Read more