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. Read Síminn hf (SIMINN) financial obligations for a breakdown of total debt and financial obligations.

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 Trend (2004–2022)

This chart shows how Síminn hf's Asset Resilience Ratio has changed over time. See SIMINN book value for net asset value and shareholders' equity analysis.

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 market capitalisation and broader financial context, see SIMINN market cap overview.

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
Ovzon AB
ST:OVZON
Telecom Services 6.07%
1&1 AG
XETRA:1U1
Telecom Services 0.57%
Indosat Tbk
JK:ISAT
Telecom Services 0.39%
NOVA Technology Corporation Limited
SHE:300921
Telecom Services 55.22%
Desktop - Sigmanet Comunicação Multimídia S.A.
SA:DESK3
Telecom Services 9.04%
Unifique Telecomunicações S.A.
SA:FIQE3
Telecom Services 1.81%
Telecomunicações Brasileiras S.A. - TELEBRÁS
SA:TELB3
Telecom Services 32.72%
Telecom Argentina
BA:TECO2
Telecom Services 1.94%

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
≈ $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
$233.59 Million
Ikr28.65 Billion ISK
Market Cap Rank
#15949 Global
#19 in Iceland
Share Price
Ikr12.10
Change (1 day)
-2.42%
52-Week Range
Ikr12.10 - 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