Síminn hf Asset Resilience Ratio

Latest as of December 2022: 30.65%

Síminn hf asset resilience ratio. 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. See Síminn hf defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Liquid Assets

Ikr15.69 Billion
≈ $127.89 Million USD Cash + Short-term Investments

Total Assets

Ikr51.18 Billion
≈ $417.26 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio of Síminn hf (2004–2022)

Asset resilience ratio of Síminn hf from 2004 to 2022. This chart shows how Síminn hf's Asset Resilience Ratio has changed over time. Read SIMINN current and long-term liabilities for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see Síminn hf assets under control.

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
NOVA Technology Corporation Limited
SHE:300921
Telecom Services 55.22%
Gihon Telekomunikasi Indonesia Tbk PT
JK:GHON
Telecom Services 0.46%
Pentanet Ltd
AU:5GG
Telecom Services 0.26%
Telecom Argentina
BA:TECO2
Telecom Services 1.94%
Cablevision Holding SA
BA:CVH
Telecom Services 1.85%
Grupo Televisa SAB DRC
BA:TV
Telecom Services 5.16%
Telstra Group Ltd
AU:TLS
Telecom Services 1.91%
TPG Telecom Ltd
AU:TPG
Telecom Services 0.47%

Síminn hf Asset Resilience Ratio by Year (2004–2022)

Síminn hf asset resilience ratio by year from 2004 to 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
≈ $127.89 Million
Ikr51.18 Billion
≈ $417.26 Million
+30.51pp
2004-12-31 0.14% Ikr39.47 Million
≈ $321.78K
Ikr28.59 Billion
≈ $233.06 Million
--
pp = percentage points

About Síminn hf

IC:SIMINN Iceland Telecom Services
Market Cap
$227.80 Million
Ikr27.94 Billion ISK
Market Cap Rank
#15824 Global
#19 in Iceland
Share Price
Ikr11.80
Change (1 day)
+0.85%
52-Week Range
Ikr11.50 - 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