Lifecare AS - Asset Resilience Ratio

Latest as of March 2024: 17.79%

Lifecare AS (LIFE) has an Asset Resilience Ratio of 17.79% as of March 2024. 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. Read LIFE liabilities breakdown for a breakdown of total debt and financial obligations.

Liquid Assets

Nkr12.85 Million
≈ $1.35 Million USD Cash + Short-term Investments

Total Assets

Nkr72.24 Million
≈ $7.60 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio Trend (2023–2023)

This chart shows how Lifecare AS's Asset Resilience Ratio has changed over time. See Lifecare AS defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Liquid Assets Composition Over Time

This chart breaks down Lifecare 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 LIFE total assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Nkr0.00 0%
Short-term Investments Nkr12.85 Million 17.79%
Total Liquid Assets Nkr12.85 Million 17.79%

Asset Resilience Insights

  • Good Liquidity Position: Lifecare AS maintains a healthy 17.79% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

Lifecare AS Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
SIEMENS HEALTH ADR/050
F:SHL1
Medical Devices 1.05%
Shenzhen New Industries Biomedical
SHE:300832
Medical Devices 9.95%
Cochlear Ltd
AU:COH
Medical Devices 9.76%
L&C Bio Co. Ltd
KQ:290650
Medical Devices 2.14%
Imricor Medical Systems Inc
AU:IMR
Medical Devices 46.50%
Somnomed Ltd
AU:SOM
Medical Devices 24.67%
Acarix A/S
ST:ACARIX
Medical Devices 37.81%
Promimic AB
ST:PRO
Medical Devices 8.62%

Annual Asset Resilience Ratio for Lifecare AS (2023–2023)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 12.22% Nkr10.55 Million
≈ $1.11 Million
Nkr86.39 Million
≈ $9.09 Million
--
pp = percentage points

About Lifecare AS

OL:LIFE Norway Medical Devices
Market Cap
$6.29 Million
Nkr59.80 Million NOK
Market Cap Rank
#28130 Global
#249 in Norway
Share Price
Nkr0.31
Change (1 day)
-2.19%
52-Week Range
Nkr0.28 - Nkr19.65
All Time High
Nkr95.08
About

Lifecare ASA, together with its subsidiaries, operates as a medical sensor company that develops technology for sensing and monitoring of various body analytes in Norway. The company develops Sencell, a micro sensor for monitoring glucose levels in patients with diabetes and for veterinary applications. It also develops and manufactures a nanostrain biosensor, an ultra-small device that measures … Read more