Neurosense Therapeutics Ltd - Asset Resilience Ratio

Latest as of June 2024: 1.90%

Neurosense Therapeutics Ltd (NRSN) has an Asset Resilience Ratio of 1.90% as of June 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 Neurosense Therapeutics Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$35.00K
Cash + Short-term Investments

Total Assets

$1.84 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Neurosense Therapeutics Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see NRSN current and non-current assets.

Liquid Assets Composition Over Time

This chart breaks down Neurosense Therapeutics Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read NRSN total liabilities for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $35.00K 1.9%
Total Liquid Assets $35.00K 1.90%

Asset Resilience Insights

  • Limited Liquidity: Neurosense Therapeutics Ltd maintains only 1.90% 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.

Neurosense Therapeutics Ltd Industry Peers by Asset Resilience Ratio

Compare Neurosense Therapeutics Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
ALK-Abelló A/S
CO:ALK-B
Biotechnology 0.98%
Mirum Pharmaceuticals Inc
NASDAQ:MIRM
Biotechnology 6.89%
Xiamen Amoytop Biotech Co Ltd
SHG:688278
Biotechnology 4.69%
BB Biotech AG
SW:BION
Biotechnology 92.97%
Soleno Therapeutics Inc
NASDAQ:SLNO
Biotechnology 20.15%
Nanobiotix
NASDAQ:NBTX
Biotechnology 4.71%
Wuhan Keqian Biology Co Ltd
SHG:688526
Biotechnology 19.42%
Beijing Konruns Pharmaceutical Co Ltd
SHG:603590
Biotechnology 10.55%

Annual Asset Resilience Ratio for Neurosense Therapeutics Ltd (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Neurosense Therapeutics Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% $0.00 $3.19 Million --
2022-12-31 46.01% $3.55 Million $7.71 Million --
2021-12-31 0.00% $0.00 $11.43 Million --
pp = percentage points

About Neurosense Therapeutics Ltd

NASDAQ:NRSN USA Biotechnology
Market Cap
$253.79 Million
Market Cap Rank
#26053 Global
#5458 in USA
Share Price
$6.72
Change (1 day)
+3.54%
52-Week Range
$0.33 - $7.03
All Time High
$7.03
About

NeuroSense Therapeutics Ltd., a clinical-stage biotechnology company, focuses on discovering and developing treatments for patients suffering from neurodegenerative diseases in the United States and internationally. The company's lead product is PrimeC, an extended-release oral formulation of a fixed-dose combination of ciprofloxacin and celecoxib, currently under Phase 2b/3 clinical trials for t… Read more