Alternus Energy Group Plc
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
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
Total Assets
Resilience Assessment
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 | -- |