Anika Therapeutics Inc - Asset Resilience Ratio

Latest as of June 2023: 11.17%

Anika Therapeutics Inc (ANIK) has an Asset Resilience Ratio of 11.17% 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 Anika Therapeutics Inc (ANIK) strategic asset index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$36.74 Million
Cash + Short-term Investments

Total Assets

$328.88 Million
All company assets

Resilience Assessment

Moderate
Financial Resilience Level

Asset Resilience Ratio Trend (1999–2022)

This chart shows how Anika Therapeutics Inc's Asset Resilience Ratio has changed over time. See ANIK net asset quality score to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Anika Therapeutics Inc'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 how much is Anika Therapeutics Inc worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $36.74 Million 11.17%
Total Liquid Assets $36.74 Million 11.17%

Asset Resilience Insights

  • Moderate Liquidity: Anika Therapeutics Inc has 11.17% of assets in liquid form.
  • While adequate for normal operations, this level may limit flexibility during economic stress.
  • The company has significant short-term investments, indicating active treasury management.

Anika Therapeutics Inc Industry Peers by Asset Resilience Ratio

Compare Anika Therapeutics Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Changchun High & New Technology Industries Group Inc
SHE:000661
Drug Manufacturers - Specialty & Generic 5.50%
Hubei Jumpcan Pharmaceutical Co Ltd
SHG:600566
Drug Manufacturers - Specialty & Generic 48.48%
Tianjin Zhongxin Pharmaceutical Group Corp Ltd
SHG:600329
Drug Manufacturers - Specialty & Generic 5.92%
Guangdong Zhongsheng Pharmaceutical Co Ltd
SHE:002317
Drug Manufacturers - Specialty & Generic 6.62%
Dermapharm Holding SE
XETRA:DMP
Drug Manufacturers - Specialty & Generic 1.23%
China Animal Husbandry Industry Co Ltd
SHG:600195
Drug Manufacturers - Specialty & Generic 3.81%
Daewoong Pharma
KO:069620
Drug Manufacturers - Specialty & Generic 0.19%
Guizhou Bailing Group Pharmaceutical Co Ltd
SHE:002424
Drug Manufacturers - Specialty & Generic 2.09%

Annual Asset Resilience Ratio for Anika Therapeutics Inc (1999–2022)

The table below shows the annual Asset Resilience Ratio data for Anika Therapeutics Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 9.92% $34.63 Million $349.13 Million +9.23pp
2020-12-31 0.68% $2.50 Million $365.61 Million -7.63pp
2019-12-31 8.31% $27.48 Million $330.71 Million -16.77pp
2018-12-31 25.08% $69.97 Million $278.99 Million +16.59pp
2017-12-31 8.49% $24.00 Million $282.62 Million -0.04pp
2016-12-31 8.53% $20.50 Million $240.25 Million -3.24pp
2015-12-31 11.77% $27.75 Million $235.75 Million +8.29pp
2014-12-31 3.48% $6.75 Million $194.00 Million --
2013-12-31 0.00% $0.00 $156.04 Million --
2012-12-31 0.00% $0.00 $142.07 Million --
2011-12-31 0.00% $0.00 $132.84 Million --
2007-12-31 4.41% $3.50 Million $79.50 Million +0.67pp
2003-12-31 3.74% $818.00K $21.87 Million -8.71pp
2002-12-31 12.45% $2.50 Million $20.09 Million -4.98pp
2001-12-31 17.43% $3.99 Million $22.92 Million -17.22pp
2000-12-31 34.65% $10.04 Million $28.98 Million +9.42pp
1999-12-31 25.23% $8.20 Million $32.50 Million --
pp = percentage points

About Anika Therapeutics Inc

NASDAQ:ANIK USA Drug Manufacturers - Specialty & Generic
Market Cap
$191.87 Million
Market Cap Rank
#16784 Global
#3924 in USA
Share Price
$14.42
Change (1 day)
+1.34%
52-Week Range
$8.10 - $16.00
All Time High
$73.36
About

Anika Therapeutics, Inc., a joint preservation company, focuses on early intervention orthopedics in the United States, Europe, and internationally. The company offers osteoarthritis (OA) pain management products and services, such as Monovisc and Orthovisc, which are single- and multi-injection, HA viscosupplement products indicated for pain relief from OA conditions, as well as Cingal, a non-op… Read more