Drax Group PLC - Asset Resilience Ratio
Drax Group PLC (DRX) has an Asset Resilience Ratio of -5.01% as of June 2023. 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 DRX strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2003–2023)
This chart shows how Drax Group PLC's Asset Resilience Ratio has changed over time. See DRX net asset quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Drax Group PLC'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 Drax Group PLC (DRX) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 0% |
| Short-term Investments | GBX-299.00 Million | -5.01% |
| Total Liquid Assets | GBX-299.00 Million | -5.01% |
Asset Resilience Insights
- Limited Liquidity: Drax Group PLC maintains only -5.01% 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.
Drax Group PLC Industry Peers by Asset Resilience Ratio
Compare Drax Group PLC's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
China Three Gorges New Energy Group Co Ltd
SHG:600905 |
Utilities - Renewable | 0.00% |
|
Huaneng Lancang River Hydropower Inc Class A
SHG:600025 |
Utilities - Renewable | 0.25% |
|
China Longyuan Power Group Corporation Limited
F:6WX |
Utilities - Renewable | 0.05% |
|
Pertamina Geothermal Energy
JK:PGEO |
Utilities - Renewable | 17.29% |
|
Jiangsu New Energy Development Co Ltd
SHG:603693 |
Utilities - Renewable | 1.58% |
|
Zhongmin Energy Co Ltd
SHG:600163 |
Utilities - Renewable | 1.94% |
|
Clearway Energy Inc
NYSE:CWEN-A |
Utilities - Renewable | 0.33% |
|
Pehuenche
SN:PEHUENCHE |
Utilities - Renewable | 0.03% |
Annual Asset Resilience Ratio for Drax Group PLC (2003–2023)
The table below shows the annual Asset Resilience Ratio data for Drax Group PLC.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 4.86% | GBX293.60 Million ≈ $35.72K |
GBX6.04 Billion ≈ $734.70K |
+11.46pp |
| 2022-12-31 | -6.59% | GBX-421.70 Million ≈ $-51.31K |
GBX6.39 Billion ≈ $778.01K |
-0.46pp |
| 2021-12-31 | -6.14% | GBX-357.50 Million ≈ $-43.50K |
GBX5.82 Billion ≈ $708.66K |
-3.66pp |
| 2020-12-31 | -2.48% | GBX-103.80 Million ≈ $-12.63K |
GBX4.19 Billion ≈ $510.15K |
+0.78pp |
| 2019-12-31 | -3.25% | GBX-152.30 Million ≈ $-18.53K |
GBX4.68 Billion ≈ $569.76K |
+8.82pp |
| 2018-12-31 | -12.07% | GBX-546.70 Million ≈ $-66.52K |
GBX4.53 Billion ≈ $551.21K |
-17.06pp |
| 2017-12-31 | 4.99% | GBX175.50 Million ≈ $21.35K |
GBX3.52 Billion ≈ $427.99K |
-6.05pp |
| 2016-12-31 | 11.04% | GBX405.00 Million ≈ $49.28K |
GBX3.67 Billion ≈ $446.40K |
+0.82pp |
| 2015-12-31 | 10.22% | GBX330.80 Million ≈ $40.25K |
GBX3.24 Billion ≈ $393.86K |
+8.87pp |
| 2014-12-31 | 1.35% | GBX40.10 Million ≈ $4.88K |
GBX2.97 Billion ≈ $361.95K |
+0.56pp |
| 2013-12-31 | 0.79% | GBX20.00 Million ≈ $2.43K |
GBX2.53 Billion ≈ $307.39K |
-0.54pp |
| 2012-12-31 | 1.33% | GBX30.00 Million ≈ $3.65K |
GBX2.26 Billion ≈ $274.78K |
-0.16pp |
| 2011-12-31 | 1.49% | GBX30.00 Million ≈ $3.65K |
GBX2.01 Billion ≈ $244.53K |
-3.15pp |
| 2010-12-31 | 4.64% | GBX95.00 Million ≈ $11.56K |
GBX2.05 Billion ≈ $249.06K |
+2.09pp |
| 2009-12-31 | 2.55% | GBX55.00 Million ≈ $6.69K |
GBX2.16 Billion ≈ $262.74K |
-11.05pp |
| 2008-12-31 | 13.60% | GBX286.50 Million ≈ $34.86K |
GBX2.11 Billion ≈ $256.40K |
+12.52pp |
| 2007-12-31 | 1.08% | GBX15.00 Million ≈ $1.83K |
GBX1.39 Billion ≈ $169.68K |
-13.24pp |
| 2006-12-31 | 14.32% | GBX257.20 Million ≈ $31.29K |
GBX1.80 Billion ≈ $218.57K |
+13.77pp |
| 2005-12-31 | 0.54% | GBX7.70 Million ≈ $936.87 |
GBX1.42 Billion ≈ $172.57K |
-2.57pp |
| 2004-12-31 | 3.11% | GBX38.17 Million ≈ $4.64K |
GBX1.23 Billion ≈ $149.42K |
-1.33pp |
| 2003-12-31 | 4.44% | GBX55.15 Million ≈ $6.71K |
GBX1.24 Billion ≈ $151.27K |
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About Drax Group PLC
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions segments. The company provides renewable, dispatchable power, and system support services. It is also involved in production and sale of biomass pellets; generation and sale of electricity … Read more