Gogo Inc Asset Resilience Ratio
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. See operational self-sufficiency of Gogo Inc to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Gogo Inc (2011–2023)
Asset resilience ratio of Gogo Inc from 2011 to 2023. This chart shows how Gogo Inc's Asset Resilience Ratio has changed over time. Read how much debt does Gogo Inc carry for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Gogo Inc asset portfolio.
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 |
|---|---|---|
|
China Telecom Corp Ltd
SHG:601728 |
Telecom Services | 3.31% |
|
BCE Inc
TO:BCE |
Telecom Services | 0.01% |
|
Telenor ASA
OL:TEL |
Telecom Services | 3.40% |
|
Tuas Ltd
AU:TUA |
Telecom Services | 16.19% |
|
Beijing Waluer Information Technology Co. Ltd. A
SHE:301380 |
Telecom Services | 3.65% |
|
NOVA Technology Corporation Limited
SHE:300921 |
Telecom Services | 55.22% |
|
Bd Multimedia
PA:ALBDM |
Telecom Services | 14.38% |
|
Surgepays Inc
NASDAQ:SURG |
Telecom Services | 24.26% |
Gogo Inc Asset Resilience Ratio by Year (2011–2023)
Gogo Inc asset resilience ratio by year from 2011 to 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