Candles Scandinavia AB Series B - Asset Resilience Ratio
Candles Scandinavia AB Series B (CANDLE-B) has an Asset Resilience Ratio of 6.70% as of July 2022. 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 Candles Scandinavia AB Series B (CANDLE-B) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2021)
This chart shows how Candles Scandinavia AB Series B's Asset Resilience Ratio has changed over time. See how many days can Candles Scandinavia AB Series B fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets Composition Over Time
This chart breaks down Candles Scandinavia AB Series B's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see CANDLE-B current and non-current assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 0% |
| Short-term Investments | Skr8.73 Million | 6.7% |
| Total Liquid Assets | Skr8.73 Million | 6.70% |
Asset Resilience Insights
- Limited Liquidity: Candles Scandinavia AB Series B 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 has significant short-term investments, indicating active treasury management.
Candles Scandinavia AB Series B Industry Peers by Asset Resilience Ratio
Compare Candles Scandinavia AB Series B's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Guangdong Marubi Biotechnology Co
SHG:603983 |
Household & Personal Products | 7.59% |
|
C&S Paper Co Ltd
SHE:002511 |
Household & Personal Products | 8.72% |
|
Lafang China
SHG:603630 |
Household & Personal Products | 1.62% |
|
Chengdu Rainbow Appliance Gr
SHE:003023 |
Household & Personal Products | 7.31% |
|
Thai Nippon Rubber Industry Public Co. Ltd
BK:TNR |
Household & Personal Products | 0.18% |
|
Kodi-S Co Ltd
KQ:080530 |
Household & Personal Products | 39.49% |
|
Rigolleau SA
BA:RIGO |
Household & Personal Products | 0.27% |
|
Mcphersons Ltd
AU:MCP |
Household & Personal Products | 10.94% |
Annual Asset Resilience Ratio for Candles Scandinavia AB Series B (2021–2021)
The table below shows the annual Asset Resilience Ratio data for Candles Scandinavia AB Series B.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-04-30 | -0.96% | Skr-568.43K ≈ $-61.17K |
Skr59.11 Million ≈ $6.36 Million |
-- |
About Candles Scandinavia AB Series B
Candles Scandinavia AB (publ) manufactures and sells sustainable home fragrance products in Europe. The company offers scented candles made fromplant-based, biodegradable wax sourced from Swedish-grown rapeseed, as well as room fragrances and fragrance sprays with fully biodegradable formulations. Candles Scandinavia AB (publ) was incorporated in 2009 and is based in Örebro, Sweden.