Enovis Corp - Asset Resilience Ratio

Latest as of September 2022: 4.51%

Enovis Corp (ENOV) has an Asset Resilience Ratio of 4.51% as of September 2022. 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 working capital position of Enovis Corp to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$200.27 Million
Cash + Short-term Investments

Total Assets

$4.44 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2018)

This chart shows how Enovis Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Enovis Corp.

Liquid Assets Composition Over Time

This chart breaks down Enovis Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read ENOV liabilities breakdown 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 $200.27 Million 4.51%
Total Liquid Assets $200.27 Million 4.51%

Asset Resilience Insights

  • Limited Liquidity: Enovis Corp maintains only 4.51% 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.

Enovis Corp Industry Peers by Asset Resilience Ratio

Compare Enovis Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
Medical Devices 0.84%
Shandong Weigao Orthopaedic Device Co. Ltd. A
SHG:688161
Medical Devices 6.28%
Jafron Biomedical Co Ltd
SHE:300529
Medical Devices 34.37%
Ningbo David Medical Device Co Ltd
SHE:300314
Medical Devices 5.11%
Beijing Succeeder Technology Inc
SHG:688338
Medical Devices 28.27%
Dirui Industrial Co Ltd
SHE:300396
Medical Devices 3.90%
Profound Medical Corp
TO:PRN
Medical Devices 67.66%
Affluent Medical SAS
PA:AFME
Medical Devices 0.03%

Annual Asset Resilience Ratio for Enovis Corp (2017–2018)

The table below shows the annual Asset Resilience Ratio data for Enovis Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 0.00% $0.00 $6.60 Billion --
2017-12-31 2.23% $149.61 Million $6.72 Billion --
pp = percentage points

About Enovis Corp

NYSE:ENOV USA Medical Devices
Market Cap
$1.04 Billion
Market Cap Rank
#8763 Global
#2499 in USA
Share Price
$18.04
Change (1 day)
+1.35%
52-Week Range
$17.80 - $32.87
All Time High
$91.10
About

Enovis Corporation, a medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally. It operates through two segments: Prevention and Recovery, and Reconstructive segments. The Prevention and Recovery segment offers rigid and soft orthopedic bracing, hot and cold therapy, bone growth stimulators, vascular therapy systems and compres… Read more