Gogo Inc - Asset Resilience Ratio
Gogo Inc (GOGO) has an Asset Resilience Ratio of 2.33% as of September 2024. 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 (2011–2023)
This chart shows how Gogo Inc's Asset Resilience Ratio has changed over time. Check GOGO PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Gogo 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 Gogo Inc market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $18.88 Million | 2.33% |
| Total Liquid Assets | $18.88 Million | 2.33% |
Asset Resilience Insights
- Limited Liquidity: Gogo Inc maintains only 2.33% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Gogo Inc Industry Peers by Asset Resilience Ratio
Compare Gogo Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
AIRTEL AFRICA UNSP.ADR/10
F:9AA0 |
Telecom Services | 2.22% |
|
Globalstar, Inc. Common Stock
NASDAQ:GSAT |
Telecom Services | 5.00% |
|
1&1 AG
XETRA:1U1 |
Telecom Services | 0.57% |
|
Zhejiang Merit Interactive Network Technology Co Ltd Class A
SHE:300766 |
Telecom Services | 3.02% |
|
Grupo Televisa S.A.B.
F:TLV |
Telecom Services | 4.30% |
|
Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959 |
Telecom Services | 19.58% |
|
Tuas Ltd
AU:TUA |
Telecom Services | 16.19% |
|
Fuchun Technology Co Ltd
SHE:300299 |
Telecom Services | 0.01% |
Annual Asset Resilience Ratio for Gogo Inc (2011–2023)
The table below shows the annual Asset Resilience Ratio data for Gogo Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 2.97% | $23.23 Million | $781.54 Million | -0.29pp |
| 2022-12-31 | 3.26% | $24.80 Million | $759.53 Million | +3.12pp |
| 2021-12-31 | 0.14% | $925.00K | $647.69 Million | -13.85pp |
| 2019-12-31 | 14.00% | $170.02 Million | $1.21 Billion | +10.89pp |
| 2018-12-31 | 3.11% | $39.32 Million | $1.27 Billion | -12.06pp |
| 2017-12-31 | 15.17% | $212.79 Million | $1.40 Billion | -12.00pp |
| 2016-12-31 | 27.16% | $338.48 Million | $1.25 Billion | +5.31pp |
| 2015-12-31 | 21.85% | $219.49 Million | $1.00 Billion | +21.85pp |
| 2014-12-31 | 0.01% | $45.00K | $767.64 Million | -0.14pp |
| 2013-12-31 | 0.15% | $1.01 Million | $689.00 Million | +0.10pp |
| 2012-12-31 | 0.05% | $214.00K | $432.12 Million | -0.03pp |
| 2011-12-31 | 0.07% | $213.00K | $285.64 Million | -- |
About Gogo Inc
Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. The company offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as produ… Read more