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. Read how much debt does Orthofix Medical Inc carry for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2023)
This chart shows how Orthofix Medical Inc's Asset Resilience Ratio has changed over time. See Orthofix Medical Inc shareholders equity for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see Orthofix Medical Inc market cap and net worth.
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 |
|---|---|---|
|
Demant A/S
CO:DEMANT |
Medical Devices | -2.59% |
|
Double Medical Technology Inc
SHE:002901 |
Medical Devices | 7.79% |
|
Beijing Wandong Medical Technology Co Ltd
SHG:600055 |
Medical Devices | 4.92% |
|
Sinocare Inc
SHE:300298 |
Medical Devices | 3.53% |
|
MODULIGHT OY EO 1
F:78W |
Medical Devices | 22.31% |
|
Diagnostic Medical Systems SA
PA:ALDMS |
Medical Devices | 1.39% |
|
Theradiag SA
PA:ALTHE |
Medical Devices | 15.59% |
|
Nova EYE Medical Ltd
AU:EYE |
Medical Devices | 11.08% |
Annual Asset Resilience Ratio for Orthofix Medical Inc (2000–2023)
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