Alternus Energy Group Plc

NASDAQ:ALCE USA Utilities - Renewable
Market Cap
$146.59K
Market Cap Rank
#36840 Global
#11988 in USA
Share Price
$0.03
Change (1 day)
-6.29%
52-Week Range
$0.03 - $0.05
All Time High
$272.25
About

Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.

Alternus Energy Group Plc - Asset Resilience Ratio

Latest as of September 2023: 99.69%

Alternus Energy Group Plc (ALCE) has an Asset Resilience Ratio of 99.69% as of September 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.

Liquid Assets
$86.04 Million
Cash + Short-term Investments
Total Assets
$86.31 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2023–2023)

This chart shows how Alternus Energy Group Plc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Alternus Energy Group Plc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $86.04 Million 99.69%
Total Liquid Assets $86.04 Million 99.69%

Asset Resilience Insights

  • Very High Liquidity: Alternus Energy Group Plc maintains exceptional liquid asset reserves at 99.69% 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.

Alternus Energy Group Plc Industry Peers by Asset Resilience Ratio

Compare Alternus Energy Group Plc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
Utilities - Renewable 0.23%
Tianjin Guangyu Development Co Ltd
SHE:000537
Utilities - Renewable 0.03%
CECEP Solar Energy Co Ltd
SHE:000591
Utilities - Renewable 0.19%
GEPIC Energy Development Co Ltd
SHE:000791
Utilities - Renewable 0.00%
Tieling Newcity Investment Holding Ltd
SHE:000809
Utilities - Renewable 17.22%
Hubei Energy Group Co Ltd
SHE:000883
Utilities - Renewable 0.07%
Fujian MinDong Electric Power Co Ltd
SHE:000993
Utilities - Renewable 3.80%
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
Utilities - Renewable 0.43%

Annual Asset Resilience Ratio for Alternus Energy Group Plc (2023–2023)

The table below shows the annual Asset Resilience Ratio data for Alternus Energy Group Plc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 10.34% $19.16 Million $185.29 Million --
pp = percentage points