FREYR Battery SA - Asset Resilience Ratio

Latest as of September 2024: 0.36%

FREYR Battery SA (FREY) has an Asset Resilience Ratio of 0.36% 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. Check strategic asset allocation of FREYR Battery SA to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$2.20 Million
Cash + Short-term Investments

Total Assets

$614.99 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2022–2023)

This chart shows how FREYR Battery SA's Asset Resilience Ratio has changed over time. See FREY net asset quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down FREYR Battery SA'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 FREY company net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $2.20 Million 0.36%
Total Liquid Assets $2.20 Million 0.36%

Asset Resilience Insights

  • Limited Liquidity: FREYR Battery SA maintains only 0.36% 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.

FREYR Battery SA Industry Peers by Asset Resilience Ratio

Compare FREYR Battery SA's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
EVE Energy
SHE:300014
Electrical Equipment & Parts 3.45%
Ecopro BM. Co. Ltd
KQ:247540
Electrical Equipment & Parts 0.34%
Gongniu Group Co Ltd
SHG:603195
Electrical Equipment & Parts 51.45%
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
Electrical Equipment & Parts 0.44%
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
Electrical Equipment & Parts 13.72%
Sinomag Technology Co Ltd
SHE:300835
Electrical Equipment & Parts 0.01%
XJ Electric Co Ltd
SHE:000400
Electrical Equipment & Parts 0.04%
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
Electrical Equipment & Parts 14.45%

Annual Asset Resilience Ratio for FREYR Battery SA (2022–2023)

The table below shows the annual Asset Resilience Ratio data for FREYR Battery SA.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 3.26% $23.89 Million $732.18 Million +3.26pp
2022-12-31 0.00% $39.00 $827.70 Million --
pp = percentage points

About FREYR Battery SA

NYSE:FREY USA Electrical Equipment & Parts
Market Cap
$186.85 Million
Market Cap Rank
#16890 Global
#3941 in USA
Share Price
$1.33
Change (1 day)
+0.00%
52-Week Range
$1.33 - $1.33
All Time High
$16.08
About

FREYR Battery, Inc. provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Austin, Texas.