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. Check TYRES capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2004–2024)
This chart shows how Nokian Renkaat Oyj's Asset Resilience Ratio has changed over time. See Nokian Renkaat Oyj net asset quality index to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see TYRES market cap overview.
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 |
|---|---|---|
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179 |
Auto Parts | 0.82% |
|
Shandong Linglong Tyre Co Ltd
SHG:601966 |
Auto Parts | 0.28% |
|
Qingdao Sentury Tire Co Ltd
SHE:002984 |
Auto Parts | 3.38% |
|
IKD Co Ltd Class A
SHG:600933 |
Auto Parts | 0.21% |
|
Streamax Technology Co Ltd
SHE:002970 |
Auto Parts | 0.00% |
|
Ningbo Xusheng Auto Technology Co Ltd
SHG:603305 |
Auto Parts | 7.62% |
|
Camel Group Co Ltd
SHG:601311 |
Auto Parts | 2.49% |
|
NBTM New Materials Group Co Ltd
SHG:600114 |
Auto Parts | 0.00% |
Annual Asset Resilience Ratio for Nokian Renkaat Oyj (2004–2024)
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