Gigante Salmon AS - Asset Resilience Ratio

Latest as of March 2025: 0.85%

Gigante Salmon AS (GIGA) has an Asset Resilience Ratio of 0.85% as of March 2025. 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 GIGA working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

Nkr10.44 Million
≈ $1.10 Million USD Cash + Short-term Investments

Total Assets

Nkr1.23 Billion
≈ $129.43 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2024)

This chart shows how Gigante Salmon AS's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Gigante Salmon AS assets under control.

Liquid Assets Composition Over Time

This chart breaks down Gigante Salmon AS's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read debt load of Gigante Salmon AS for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Nkr10.44 Million 0.85%
Short-term Investments Nkr0.00 0%
Total Liquid Assets Nkr10.44 Million 0.85%

Asset Resilience Insights

  • Limited Liquidity: Gigante Salmon AS maintains only 0.85% 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.

Gigante Salmon AS Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
The Grob Tea Company Limited
NSE:GROBTEA
Farm Products 1.34%
Mowi ASA
OL:MOWI
Farm Products 0.04%
Heilongjiang Agriculture Co Ltd
SHG:600598
Farm Products 47.04%
UIE PLC
CO:UIE
Farm Products 3.59%
FAP Agri Tbk PT
JK:FAPA
Farm Products 0.66%
Leshan Giantstar Farming & Husbandry Corp Ltd
SHG:603477
Farm Products 0.03%
Shandong Xiantan Co Ltd
SHE:002746
Farm Products 11.39%
Inghams Group Ltd
AU:ING
Farm Products 3.15%

Annual Asset Resilience Ratio for Gigante Salmon AS (2019–2024)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 8.76% Nkr106.62 Million
≈ $11.22 Million
Nkr1.22 Billion
≈ $128.01 Million
-8.72pp
2023-12-31 17.48% Nkr114.97 Million
≈ $12.10 Million
Nkr657.65 Million
≈ $69.20 Million
-39.86pp
2022-12-31 57.34% Nkr182.10 Million
≈ $19.16 Million
Nkr317.59 Million
≈ $33.42 Million
-31.65pp
2021-12-31 88.99% Nkr258.70 Million
≈ $27.22 Million
Nkr290.72 Million
≈ $30.59 Million
-8.79pp
2020-12-31 97.78% Nkr65.57 Million
≈ $6.90 Million
Nkr67.06 Million
≈ $7.06 Million
+57.04pp
2019-12-31 40.74% Nkr1.58 Million
≈ $166.14K
Nkr3.88 Million
≈ $407.81K
--
pp = percentage points

About Gigante Salmon AS

OL:GIGA Norway Farm Products
Market Cap
$88.31 Million
Nkr839.19 Million NOK
Market Cap Rank
#19732 Global
#175 in Norway
Share Price
Nkr4.90
Change (1 day)
+0.82%
52-Week Range
Nkr4.64 - Nkr10.35
All Time High
Nkr12.00
About

Gigante Salmon AS engages in the land-based salmon farming business in Norway. The company was incorporated in 2001 and is headquartered in Bodø, Norway.