Hofseth BioCare ASA
Hofseth BioCare ASA produces and sells health nutritional products for humans and pets in Norway, the United Kingdom, France, Belgium, Italy, Germany, rest of Europe, Japan, Asia, and the United States. The company offers ProGo, a bioactive peptide for weight management and metabolic health; OmeGo, a salmon oil that provides a full spectrum of fatty acids and omegas; CalGo and NT-II, which are ca… Read more
Hofseth BioCare ASA - Asset Resilience Ratio
Hofseth BioCare ASA (HOFBF) has an Asset Resilience Ratio of -5.95% as of June 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how Hofseth BioCare ASA's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Hofseth BioCare ASA's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-22.93 Million | -5.95% |
| Total Liquid Assets | $-22.93 Million | -5.95% |
Asset Resilience Insights
- Limited Liquidity: Hofseth BioCare ASA maintains only -5.95% 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.
Hofseth BioCare ASA Industry Peers by Asset Resilience Ratio
Compare Hofseth BioCare ASA's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
General Mills Inc
NYSE:GIS |
Packaged Foods | 2.10% |
|
B&G Foods Inc
NYSE:BGS |
Packaged Foods | 2.07% |
|
Tangrenshen Group Co Ltd
SHE:002567 |
Packaged Foods | 0.08% |
|
Shenzhen Shenbao Industrial Co Ltd
SHE:000019 |
Packaged Foods | 1.94% |
|
Xiwang Foodstuffs Co Ltd
SHE:000639 |
Packaged Foods | 0.18% |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716 |
Packaged Foods | -0.19% |
|
CNFC Overseas Fishery Co Ltd
SHE:000798 |
Packaged Foods | -2.62% |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895 |
Packaged Foods | 1.48% |
Annual Asset Resilience Ratio for Hofseth BioCare ASA (2015–2023)
The table below shows the annual Asset Resilience Ratio data for Hofseth BioCare ASA.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.11% | $439.00K | $390.12 Million | +0.35pp |
| 2022-12-31 | -0.23% | $-959.00K | $411.03 Million | 0.00pp |
| 2020-12-31 | -0.23% | $-1.06 Million | $459.13 Million | +0.44pp |
| 2019-12-31 | -0.68% | $-1.98 Million | $293.01 Million | -0.68pp |
| 2018-12-31 | 0.00% | $1.00K | $187.94 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $184.24 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $159.35 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $193.35 Million | -- |