Síminn hf

IC:SIMINN Iceland Telecom Services
Market Cap
$223.78 Million
Ikr31.49 Billion ISK
Market Cap Rank
#14572 Global
#12 in Iceland
Share Price
Ikr13.30
Change (1 day)
-0.75%
52-Week Range
Ikr12.50 - Ikr15.90
All Time High
Ikr15.90
About

Síminn hf. engages in the telecommunications, financial technology, and brokerage solutions in Iceland and internationally. It operates through five segments: Mobile Phone Service, Data Transmission, Television Services, Equipment Sales, and Other. The company offers mobile and satellite services. It also provides data transmission services, including xDSL, GPON, Internet, IP networks, and local … Read more

Síminn hf - Asset Resilience Ratio

Latest as of December 2022: 30.65%

Síminn hf (SIMINN) has an Asset Resilience Ratio of 30.65% 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.

Liquid Assets
Ikr15.69 Billion
Cash + Short-term Investments
Total Assets
Ikr51.18 Billion
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2004–2022)

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

Liquid Assets Composition Over Time

This chart breaks down Síminn hf'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 Ikr0.00 0%
Short-term Investments Ikr15.69 Billion 30.65%
Total Liquid Assets Ikr15.69 Billion 30.65%

Asset Resilience Insights

  • Very High Liquidity: Síminn hf maintains exceptional liquid asset reserves at 30.65% 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.

Síminn hf Industry Peers by Asset Resilience Ratio

Compare Síminn hf's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
WQN Inc
PINK:WQNI
Telecom Services 16.94%
XOX Technology Bhd
KLSE:0017
Telecom Services 3.13%
Beijing Bewinner Communications Co Ltd
SHE:002148
Telecom Services 29.49%
Net263 Ltd
SHE:002467
Telecom Services 11.81%
Runjian Communication Co Ltd Class A
SHE:002929
Telecom Services 0.59%
Redtone International Bhd
KLSE:0032
Telecom Services 0.10%
Inscobee
KO:006490
Telecom Services 3.01%
Green Packet Bhd
KLSE:0082
Telecom Services 0.00%

Annual Asset Resilience Ratio for Síminn hf (2004–2022)

The table below shows the annual Asset Resilience Ratio data for Síminn hf.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 30.65% Ikr15.69 Billion Ikr51.18 Billion +30.51pp
2004-12-31 0.14% Ikr39.47 Million Ikr28.59 Billion --
pp = percentage points