Okeanis Eco Tankers Corp - Asset Resilience Ratio

Latest as of September 2023: 6.70%

Okeanis Eco Tankers Corp (OET) has an Asset Resilience Ratio of 6.70% as of September 2023. 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. Check Okeanis Eco Tankers Corp PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

Nkr76.50 Million
≈ $8.05 Million USD Cash + Short-term Investments

Total Assets

Nkr1.14 Billion
≈ $120.24 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2022)

This chart shows how Okeanis Eco Tankers Corp's Asset Resilience Ratio has changed over time. See Okeanis Eco Tankers Corp (OET) net asset quality to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Okeanis Eco Tankers Corp'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 value of Okeanis Eco Tankers Corp.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Nkr76.50 Million 6.7%
Short-term Investments Nkr0.00 0%
Total Liquid Assets Nkr76.50 Million 6.70%

Asset Resilience Insights

  • Limited Liquidity: Okeanis Eco Tankers Corp maintains only 6.70% 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.

Okeanis Eco Tankers Corp Industry Peers by Asset Resilience Ratio

Compare Okeanis Eco Tankers Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Hyundai Mipo Dockyard
KO:010620
Marine Shipping 0.82%
ZIM Integrated Shipping Services Ltd
NYSE:ZIM
Marine Shipping 6.67%
Vapores
SN:VAPORES
Marine Shipping 0.02%
Rizhao Port Co Ltd
SHG:600017
Marine Shipping 0.12%
Nanjing Port Co Ltd
SHE:002040
Marine Shipping 2.79%
Sejin Heavy Industries Co Ltd
KO:075580
Marine Shipping 2.53%
Puerto Ventana
SN:VENTANAS
Marine Shipping 0.16%
Jasa Armada Indonesia Tbk PT
JK:IPCM
Marine Shipping 14.91%

Annual Asset Resilience Ratio for Okeanis Eco Tankers Corp (2018–2022)

The table below shows the annual Asset Resilience Ratio data for Okeanis Eco Tankers Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 6.87% Nkr81.35 Million
≈ $8.56 Million
Nkr1.18 Billion
≈ $124.52 Million
+2.87pp
2021-12-31 4.00% Nkr38.18 Million
≈ $4.02 Million
Nkr954.59 Million
≈ $100.45 Million
+2.15pp
2020-12-31 1.85% Nkr23.34 Million
≈ $2.46 Million
Nkr1.26 Billion
≈ $132.56 Million
+0.65pp
2019-12-31 1.21% Nkr13.40 Million
≈ $1.41 Million
Nkr1.11 Billion
≈ $116.89 Million
-1.50pp
2018-12-31 2.71% Nkr18.08 Million
≈ $1.90 Million
Nkr668.50 Million
≈ $70.35 Million
--
pp = percentage points

About Okeanis Eco Tankers Corp

OL:OET Norway Marine Shipping
Market Cap
$1.68 Billion
Nkr15.95 Billion NOK
Market Cap Rank
#6928 Global
#52 in Norway
Share Price
Nkr495.50
Change (1 day)
+0.20%
52-Week Range
Nkr216.00 - Nkr527.00
All Time High
Nkr527.00
About

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. Okeanis Eco Tankers Corp. was incorporated in 2018 and is based in Neo Faliro, Greece.