ECIT AS
ECIT AS provides IT, finance and accounting, and technology solutions in Norway, Sweden, Denmark, the United Kingdom, Germany, Finland, Poland, Iceland, Lithuania, Romania, and internationally. The company offers finance and accounting services, including accounting, management consulting and support, payroll, budgeting, and HR, as well as reporting/BI, annual reports/tax, advisory, and debt coll… Read more
ECIT AS - Asset Resilience Ratio
ECIT AS (ECIT) has an Asset Resilience Ratio of 6.25% as of September 2023. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2022)
This chart shows how ECIT AS's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down ECIT AS's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr218.00 Million | 6.25% |
| Short-term Investments | Nkr0.00 | 0% |
| Total Liquid Assets | Nkr218.00 Million | 6.25% |
Asset Resilience Insights
- Limited Liquidity: ECIT AS maintains only 6.25% 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.
ECIT AS Industry Peers by Asset Resilience Ratio
Compare ECIT AS's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
ZJBC Information Technology Co Ltd
SHE:000889 |
Information Technology Services | 18.13% |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948 |
Information Technology Services | 1.16% |
|
NetX Holdings Bhd
KLSE:0020 |
Information Technology Services | 0.00% |
|
Guomai Technologies Inc
SHE:002093 |
Information Technology Services | 17.86% |
|
Shanghai HiTech Control System
SHE:002184 |
Information Technology Services | 1.36% |
|
SZZT Electronics Co Ltd
SHE:002197 |
Information Technology Services | -2.33% |
|
Talkweb Information System Co Ltd
SHE:002261 |
Information Technology Services | 12.36% |
|
Westone Information Industry Inc
SHE:002268 |
Information Technology Services | 11.89% |
Annual Asset Resilience Ratio for ECIT AS (2018–2022)
The table below shows the annual Asset Resilience Ratio data for ECIT AS.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 6.01% | Nkr183.00 Million | Nkr3.04 Billion | -3.73pp |
| 2021-12-31 | 9.74% | Nkr251.00 Million | Nkr2.58 Billion | -0.69pp |
| 2020-12-31 | 10.44% | Nkr220.01 Million | Nkr2.11 Billion | +2.22pp |
| 2019-12-31 | 8.22% | Nkr130.66 Million | Nkr1.59 Billion | -3.48pp |
| 2018-12-31 | 11.70% | Nkr144.59 Million | Nkr1.24 Billion | -- |