Golden Energy Offshore Services AS Asset Resilience Ratio
Golden Energy Offshore Services AS asset resilience ratio. Golden Energy Offshore Services AS (GEOS) has an Asset Resilience Ratio of 2.71% as of June 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. See operational self-sufficiency of Golden Energy Offshore Services AS to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Golden Energy Offshore Services AS (2016–2024)
Asset resilience ratio of Golden Energy Offshore Services AS from 2016 to 2024. This chart shows how Golden Energy Offshore Services AS's Asset Resilience Ratio has changed over time. Read Golden Energy Offshore Services AS balance sheet liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Golden Energy Offshore Services AS's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see balance sheet size of Golden Energy Offshore Services AS.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr7.71 Million | 1.35% |
| Short-term Investments | Nkr7.71 Million | 1.35% |
| Total Liquid Assets | Nkr15.43 Million | 2.71% |
Asset Resilience Insights
- Limited Liquidity: Golden Energy Offshore Services AS maintains only 2.71% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Golden Energy Offshore Services AS Industry Peers by Asset Resilience Ratio
Compare Golden Energy Offshore Services AS's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Okeanis Eco Tankers Corp
OL:OET |
Marine Shipping | 6.70% |
|
DANAOS CORP. DL -01
F:DVW1 |
Marine Shipping | 2.35% |
|
Vapores
SN:VAPORES |
Marine Shipping | 0.02% |
|
Golden Ocean Group Ltd
OL:GOGL |
Marine Shipping | 0.00% |
|
Tianjin Port Co Ltd
SHG:600717 |
Marine Shipping | -0.04% |
|
Golden Ocean Group Limited
F:KT31 |
Marine Shipping | 0.00% |
|
Himalaya Shipping Ltd
OL:HSHP |
Marine Shipping | 0.01% |
|
Bintulu Port Holdings Bhd
KLSE:5032 |
Marine Shipping | 24.06% |
Golden Energy Offshore Services AS Asset Resilience Ratio by Year (2016–2024)
Golden Energy Offshore Services AS asset resilience ratio by year from 2016 to 2024. The table below shows the annual Asset Resilience Ratio data for Golden Energy Offshore Services AS.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 2.37% | Nkr37.61 Million ≈ $3.96 Million |
Nkr1.59 Billion ≈ $166.87 Million |
-0.27pp |
| 2023-12-31 | 2.64% | Nkr41.23 Million ≈ $4.34 Million |
Nkr1.56 Billion ≈ $164.04 Million |
+2.48pp |
| 2022-12-31 | 0.17% | Nkr957.00K ≈ $100.70K |
Nkr565.02 Million ≈ $59.46 Million |
+0.00pp |
| 2021-12-31 | 0.17% | Nkr791.00K ≈ $83.24K |
Nkr470.62 Million ≈ $49.52 Million |
+0.13pp |
| 2020-12-31 | 0.04% | Nkr194.34K ≈ $20.45K |
Nkr472.92 Million ≈ $49.76 Million |
-0.67pp |
| 2019-12-31 | 0.71% | Nkr4.12 Million ≈ $433.33K |
Nkr578.87 Million ≈ $60.91 Million |
-4.91pp |
| 2018-12-31 | 5.62% | Nkr15.29 Million ≈ $1.61 Million |
Nkr272.26 Million ≈ $28.65 Million |
-6.36pp |
| 2017-12-31 | 11.98% | Nkr35.27 Million ≈ $3.71 Million |
Nkr294.52 Million ≈ $30.99 Million |
+9.75pp |
| 2016-12-31 | 2.23% | Nkr6.55 Million ≈ $689.21K |
Nkr293.81 Million ≈ $30.92 Million |
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About Golden Energy Offshore Services AS
Golden Energy Offshore Services ASA, together with its subsidiaries, owns and operates as a fully integrated shipowner and operator of modern, high-specification offshore service vessels for the global oil and gas service industry in the North Sea, the Caribbean, and internationally. The company also owns, operates, and charters out a fleet of offshore service vessels, including Platform Supply V… Read more