Okeanis Eco Tankers Corp - Asset Resilience Ratio
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. Read Okeanis Eco Tankers Corp total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2022)
This chart shows how Okeanis Eco Tankers Corp's Asset Resilience Ratio has changed over time. See what is Okeanis Eco Tankers Corp's book value for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB |
Marine Shipping | 2.35% |
|
Qinhuangdao Port Co Ltd
SHG:601326 |
Marine Shipping | 0.19% |
|
BW LPG Limited
F:BW9 |
Marine Shipping | 0.05% |
|
Tianjin Port Co Ltd
SHG:600717 |
Marine Shipping | -0.04% |
|
HNA Technology Co Ltd A
SHG:600751 |
Marine Shipping | 0.13% |
|
Genco Shipping & Trading Ltd
NYSE:GNK |
Marine Shipping | 8.12% |
|
Sejin Heavy Industries Co Ltd
KO:075580 |
Marine Shipping | 2.53% |
|
Sincere Navigation Corp
TW:2605 |
Marine Shipping | 18.12% |
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 |
-- |
About Okeanis Eco Tankers Corp
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.