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 DRX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see Drax Group PLC asset portfolio.
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. Explore DRX long-term investment intensity to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
VERBUND AG
VI:VER |
Utilities - Renewable | 0.01% |
|
Engie Brasil Energia S.A.
SA:EGIE3 |
Utilities - Renewable | 0.02% |
|
Cloudberry Clean Energy As
OL:CLOUD |
Utilities - Renewable | 1.67% |
|
Kartal Yenilenebilir Enerji Uretim AS
IS:KARYE |
Utilities - Renewable | 0.23% |
|
EAM Solar ASA
OL:EAM |
Utilities - Renewable | 2.79% |
|
Homebiogas Ltd
TA:HMGS |
Utilities - Renewable | 51.18% |
|
Renova Energia S.A
SA:RNEW11 |
Utilities - Renewable | 1.32% |
|
Meridian Energy Ltd
AU:MEZ |
Utilities - Renewable | 1.64% |
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. 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