Gigante Salmon AS Asset Resilience Ratio
Gigante Salmon AS asset resilience ratio. 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 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Gigante Salmon AS (2019–2024)
Asset resilience ratio of Gigante Salmon AS from 2019 to 2024. This chart shows how Gigante Salmon AS's Asset Resilience Ratio has changed over time. Read Gigante Salmon AS (GIGA) financial obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see balance sheet size 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 |
|---|---|---|
|
Matang Bhd
KLSE:0189 |
Farm Products | 2.41% |
|
Fujian Wanchen Biotechnology Co. Ltd
SHE:300972 |
Farm Products | 0.00% |
|
UIE PLC
CO:UIE |
Farm Products | 3.59% |
|
Astra Agro Lestari Tbk
JK:AALI |
Farm Products | 16.15% |
|
Hunan New Wellful Co Ltd
SHG:600975 |
Farm Products | 0.03% |
|
Shandong Xiantan Co Ltd
SHE:002746 |
Farm Products | 11.39% |
|
Shandong Denghai Seeds Co Ltd
SHE:002041 |
Farm Products | 21.23% |
|
Far East Holdings Bhd
KLSE:5029 |
Farm Products | 0.39% |
Gigante Salmon AS Asset Resilience Ratio by Year (2019–2024)
Gigante Salmon AS asset resilience ratio by year from 2019 to 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 |
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About Gigante Salmon AS
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.