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.

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. Check GIGA strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

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. For market capitalisation and broader financial context, see market cap of Gigante Salmon AS.

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
United Plantations Bhd
KLSE:2089
Farm Products 0.07%
Fujian Sunner Development Co Ltd
SHE:002299
Farm Products 0.80%
FAP Agri Tbk PT
JK:FAPA
Farm Products 0.66%
SLC Agrícola S.A
SA:SLCE3
Farm Products 10.45%
Fujian Aonong Biological Technology Group Incorporation Ltd
SHG:603363
Farm Products 0.01%
Hunan New Wellful Co Ltd
SHG:600975
Farm Products 0.03%
Molinos Agro SA
BA:MOLA
Farm Products 0.08%
Shanghai Xuerong Bio-Technology Co Ltd
SHE:300511
Farm Products 6.63%

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
$123.63 Million
Nkr1.17 Billion NOK
Market Cap Rank
#18339 Global
#156 in Norway
Share Price
Nkr6.86
Change (1 day)
-2.28%
52-Week Range
Nkr6.14 - 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.