Drax Group PLC Asset Resilience Ratio
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. See Drax Group PLC (DRX) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Drax Group PLC (2003–2023)
Asset resilience ratio of Drax Group PLC from 2003 to 2023. This chart shows how Drax Group PLC's Asset Resilience Ratio has changed over time. Read DRX total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see DRX asset base.
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 |
|---|---|---|
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
SA:AXIA3 |
Utilities - Renewable | 3.66% |
|
Pehuenche
SN:PEHUENCHE |
Utilities - Renewable | 0.03% |
|
OY Nofar Energy Ltd
TA:NOFR |
Utilities - Renewable | 1.68% |
|
Econergy Renewable Energy Ltd
TA:ECNR |
Utilities - Renewable | 0.42% |
|
Audax Renovables S.A.
MC:ADX |
Utilities - Renewable | 1.23% |
|
LGI Ltd
AU:LGI |
Utilities - Renewable | 15.76% |
|
Magnora ASA
OL:MGN |
Utilities - Renewable | 1.16% |
|
Raízen S.A.
SA:RAIZ4 |
Utilities - Renewable | 0.06% |
Drax Group PLC Asset Resilience Ratio by Year (2003–2023)
Drax Group PLC asset resilience ratio by year from 2003 to 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. The company operates through four segments: Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions. The company provides renewable, dispatchable power, and system support services. It is involved in production and sale of biomass pellets; generation and sale of el… Read more