Lifecare AS - Asset Resilience Ratio
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. See LIFE current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2023–2023)
This chart shows how Lifecare AS's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Lifecare AS total assets.
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. Read LIFE total debt and obligations for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A
SHE:300760 |
Medical Devices | 0.64% |
|
Demant A/S
CO:DEMANT |
Medical Devices | -2.59% |
|
GN Store Nord
CO:GN |
Medical Devices | -4.56% |
|
HOB Biotech Group Corp Ltd
SHG:688656 |
Medical Devices | 2.62% |
|
Brainsway Ltd
NASDAQ:BWAY |
Medical Devices | 0.87% |
|
Tactile Systems Technology Inc
NASDAQ:TCMD |
Medical Devices | 5.59% |
|
L&C Bio Co. Ltd
KQ:290650 |
Medical Devices | 2.14% |
|
T&R Biofab Co. Ltd
KQ:246710 |
Medical Devices | 0.12% |
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 |
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About Lifecare AS
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 and United Kingdom. The company develops Sencell, a 3D printed nano-sensor for monitoring glucose levels in patients with diabetes and for veterinary applications; as well as medical devices that remove subdermal implants. Lifeca… Read more