Orthofix Medical Inc Asset Resilience Ratio
Orthofix Medical Inc asset resilience ratio. Orthofix Medical Inc (OFIX) has an Asset Resilience Ratio of 0.15% as of March 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 defensive interval ratio of Orthofix Medical Inc to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Orthofix Medical Inc (2000–2023)
Asset resilience ratio of Orthofix Medical Inc from 2000 to 2023. This chart shows how Orthofix Medical Inc's Asset Resilience Ratio has changed over time. Read OFIX total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Orthofix Medical 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 Orthofix Medical Inc asset portfolio.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $1.33 Million | 0.15% |
| Total Liquid Assets | $1.33 Million | 0.15% |
Asset Resilience Insights
- Limited Liquidity: Orthofix Medical Inc maintains only 0.15% 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.
Orthofix Medical Inc Industry Peers by Asset Resilience Ratio
Compare Orthofix Medical Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
HOB Biotech Group Corp Ltd
SHG:688656 |
Medical Devices | 2.62% |
|
L&C Bio Co. Ltd
KQ:290650 |
Medical Devices | 2.14% |
|
Applied BioCode
TW:6598 |
Medical Devices | 9.75% |
|
Oncosil Medical Ltd
AU:OSL |
Medical Devices | 0.00% |
|
Cleo Diagnostics Ltd
AU:COV |
Medical Devices | 94.64% |
|
Radiant Innovation
TWO:3373 |
Medical Devices | 0.82% |
|
Impedimed Ltd
AU:IPD |
Medical Devices | 46.15% |
|
Memphasys Ltd
AU:MEM |
Medical Devices | 0.00% |
Orthofix Medical Inc Asset Resilience Ratio by Year (2000–2023)
Orthofix Medical Inc asset resilience ratio by year from 2000 to 2023. The table below shows the annual Asset Resilience Ratio data for Orthofix Medical Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -0.50% | $-4.65 Million | $925.32 Million | -- |
| 2018-12-31 | 0.00% | $0.00 | $466.64 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $405.35 Million | -- |
| 2016-12-31 | 2.87% | $10.69 Million | $372.10 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $400.22 Million | -- |
| 2014-12-31 | 8.76% | $34.42 Million | $393.19 Million | +3.19pp |
| 2013-12-31 | 5.56% | $23.76 Million | $427.10 Million | +1.34pp |
| 2012-12-31 | 4.23% | $21.31 Million | $504.28 Million | -2.55pp |
| 2011-12-31 | 6.77% | $47.10 Million | $695.55 Million | +2.97pp |
| 2010-12-31 | 3.80% | $22.94 Million | $603.99 Million | +1.83pp |
| 2009-12-31 | 1.97% | $11.63 Million | $590.47 Million | +0.01pp |
| 2008-12-31 | 1.96% | $11.00 Million | $561.22 Million | +0.10pp |
| 2007-12-31 | 1.86% | $16.45 Million | $885.66 Million | +1.01pp |
| 2006-12-31 | 0.85% | $7.30 Million | $862.28 Million | -2.06pp |
| 2005-12-31 | 2.90% | $13.76 Million | $473.86 Million | -0.41pp |
| 2004-12-31 | 3.32% | $14.30 Million | $431.10 Million | +2.83pp |
| 2000-12-31 | 0.49% | $932.00K | $190.43 Million | -- |
About Orthofix Medical Inc
Orthofix Medical Inc., together with its subsidiaries, operates as a medical technology company in the United States, Italy, the United Kingdom, France, Germany, Brazil, and internationally. It operates through two segments, Global Spine and Global Limb Reconstruction. The Global Spine segment manufactures, distributes, and provides support services for bone growth stimulation devices that enhanc… Read more