Thor Medical ASA - Asset Resilience Ratio

Latest as of December 2025: 25.48%

Thor Medical ASA (TRMED) has an Asset Resilience Ratio of 25.48% as of December 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 Thor Medical ASA working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

Nkr180.56 Million
≈ $19.00 Million USD Cash + Short-term Investments

Total Assets

Nkr708.64 Million
≈ $74.57 Million USD All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2024)

This chart shows how Thor Medical ASA's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see TRMED total asset value.

Liquid Assets Composition Over Time

This chart breaks down Thor Medical ASA's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read how much debt does Thor Medical ASA carry for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Nkr180.56 Million 25.48%
Short-term Investments Nkr0.00 0%
Total Liquid Assets Nkr180.56 Million 25.48%

Asset Resilience Insights

  • Very High Liquidity: Thor Medical ASA maintains exceptional liquid asset reserves at 25.48% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Thor Medical ASA Industry Peers by Asset Resilience Ratio

Compare Thor Medical ASA's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
argenx NV ADR
NASDAQ:ARGX
Biotechnology 15.95%
Madrigal Pharmaceuticals Inc
NASDAQ:MDGL
Biotechnology 62.31%
Shanghai RAAS Blood Products Co Ltd Class A
SHE:002252
Biotechnology 2.03%
Halozyme Therapeutics Inc
NASDAQ:HALO
Biotechnology 12.71%
Tubize-Fin
BR:TUB
Biotechnology 2.50%
Aurinia Pharmaceuticals Inc
NASDAQ:AUPH
Biotechnology 33.23%
Nanobiotix
NASDAQ:NBTX
Biotechnology 4.71%
Innovita Biological Technology Co. Ltd. A
SHG:688253
Biotechnology 65.12%

Annual Asset Resilience Ratio for Thor Medical ASA (2020–2024)

The table below shows the annual Asset Resilience Ratio data for Thor Medical ASA.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.00% Nkr1.00K
≈ $105.23
Nkr414.40 Million
≈ $43.61 Million
-12.77pp
2023-12-31 12.77% Nkr42.25 Million
≈ $4.45 Million
Nkr330.83 Million
≈ $34.81 Million
-77.26pp
2022-12-31 90.03% Nkr98.72 Million
≈ $10.39 Million
Nkr109.64 Million
≈ $11.54 Million
-3.57pp
2021-12-31 93.61% Nkr277.71 Million
≈ $29.22 Million
Nkr296.67 Million
≈ $31.22 Million
+0.17pp
2020-12-31 93.44% Nkr293.98 Million
≈ $30.93 Million
Nkr314.61 Million
≈ $33.11 Million
--
pp = percentage points

About Thor Medical ASA

OL:TRMED Norway Biotechnology
Market Cap
$204.51 Million
Nkr1.94 Billion NOK
Market Cap Rank
#16545 Global
#134 in Norway
Share Price
Nkr4.60
Change (1 day)
-3.16%
52-Week Range
Nkr3.27 - Nkr6.98
All Time High
Nkr121.16
About

Thor Medical ASA produces and supplies alpha-particle emitters for cancer therapy in Norway. It offers thorium-228, as well as radium-224 and lead-212 to radiopharmaceutical customers. The company was incorporated in 2009 and is headquartered in Oslo, Norway.