Argeo AS - Asset Resilience Ratio

Latest as of December 2024: 0.84%

Argeo AS (ARGEO) has an Asset Resilience Ratio of 0.84% as of December 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 Argeo AS balance sheet liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

Nkr827.00K
≈ $87.02K USD Cash + Short-term Investments

Total Assets

Nkr99.01 Million
≈ $10.42 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2024)

This chart shows how Argeo AS's Asset Resilience Ratio has changed over time. See Argeo AS shareholders equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Argeo AS'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 market value of Argeo AS.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Nkr827.00K 0.84%
Short-term Investments Nkr0.00 0%
Total Liquid Assets Nkr827.00K 0.84%

Asset Resilience Insights

  • Limited Liquidity: Argeo AS maintains only 0.84% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Argeo AS Industry Peers by Asset Resilience Ratio

Compare Argeo AS's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Halliburton Company
NYSE:HAL
Oil & Gas Equipment & Services 8.82%
Jindal Drilling And Industries Limited
NSE:JINDRILL
Oil & Gas Equipment & Services 19.45%
SD Standard Drilling PLC
OL:SDSD
Oil & Gas Equipment & Services 13.20%
THALASSA HLDG.NEW DL-01
F:TH2P
Oil & Gas Equipment & Services 30.72%
OSX Brasil S.A
SA:OSXB3
Oil & Gas Equipment & Services 1.35%
Worley Ltd
AU:WOR
Oil & Gas Equipment & Services -1.28%
Exmar NV
BR:EXM
Oil & Gas Equipment & Services 0.15%
Lupatech S.A
SA:LUPA3
Oil & Gas Equipment & Services 0.43%

Annual Asset Resilience Ratio for Argeo AS (2019–2024)

The table below shows the annual Asset Resilience Ratio data for Argeo AS.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.84% Nkr827.00K
≈ $87.02K
Nkr99.01 Million
≈ $10.42 Million
-6.78pp
2023-12-31 7.61% Nkr5.21 Million
≈ $548.52K
Nkr68.48 Million
≈ $7.21 Million
+1.45pp
2022-12-31 6.16% Nkr21.31 Million
≈ $2.24 Million
Nkr345.78 Million
≈ $36.39 Million
-33.19pp
2021-12-31 39.36% Nkr65.86 Million
≈ $6.93 Million
Nkr167.34 Million
≈ $17.61 Million
+11.54pp
2020-12-31 27.82% Nkr7.78 Million
≈ $818.65K
Nkr27.96 Million
≈ $2.94 Million
+3.49pp
2019-12-31 24.33% Nkr1.39 Million
≈ $146.39K
Nkr5.72 Million
≈ $601.61K
--
pp = percentage points

About Argeo AS

OL:ARGEO Norway Oil & Gas Equipment & Services
Market Cap
$2.98 Million
Nkr28.30 Million NOK
Market Cap Rank
#29407 Global
#266 in Norway
Share Price
Nkr0.45
Change (1 day)
+0.00%
52-Week Range
Nkr0.45 - Nkr3.72
All Time High
Nkr44.12
About

Argeo ASA provides technical solutions and services to the surveying and inspection industry across Norway, Africa, Asia, North and South America, and Europe. The company offers a range of services, including geophysical, hydrographical, route, environmental, ultra-high-resolution photo, and shallow-water USV survey services. It also provides inspection services, such as pipeline inspection, cath… Read more