Fortnox AB Asset Resilience Ratio
Fortnox AB asset resilience ratio. Fortnox AB (FNOX) has an Asset Resilience Ratio of -0.01% as of December 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. See defensive interval ratio of Fortnox AB to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Fortnox AB (2021–2022)
Asset resilience ratio of Fortnox AB from 2021 to 2022. This chart shows how Fortnox AB's Asset Resilience Ratio has changed over time. Read Fortnox AB total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Fortnox AB'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 how large is Fortnox AB's balance sheet.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 0% |
| Short-term Investments | Skr-300.00K | -0.01% |
| Total Liquid Assets | Skr-300.00K | -0.01% |
Asset Resilience Insights
- Limited Liquidity: Fortnox AB maintains only -0.01% 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.
Fortnox AB Industry Peers by Asset Resilience Ratio
Compare Fortnox AB's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Xero Ltd
AU:XRO |
Software - Application | 18.62% |
|
Duolingo Inc
NASDAQ:DUOL |
Software - Application | 6.41% |
|
Shenzhen Fortune Trend Technology Co Ltd
SHG:688318 |
Software - Application | 36.37% |
|
Wealthfront Corporation Common Stock
NASDAQ:WLTH |
Software - Application | 45.82% |
|
Securitize Corp.
NYSE:SECZ |
Software - Application | 9.94% |
|
Hangzhou Raycloud Technology Co Ltd
SHG:688365 |
Software - Application | 3.41% |
|
AGORA INC. SP.ADS/4 CL.A
F:9AG1 |
Software - Application | 32.40% |
|
ButOne Information Corp XiAn
SHG:600455 |
Software - Application | 0.05% |
Fortnox AB Asset Resilience Ratio by Year (2021–2022)
Fortnox AB asset resilience ratio by year from 2021 to 2022. The table below shows the annual Asset Resilience Ratio data for Fortnox AB.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | -0.01% | Skr-300.00K ≈ $-32.28K |
Skr2.30 Billion ≈ $247.74 Million |
+0.00pp |
| 2021-12-31 | -0.02% | Skr-300.00K ≈ $-32.28K |
Skr1.97 Billion ≈ $212.13 Million |
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About Fortnox AB
Fortnox AB (publ) provides smart technical products, packages, services, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations in Sweden. The company offers accounting products comprising bookkeeping, bookkeeping approval and review, supplier invoice approval, invoice data capture, fixed assets register, read, and … Read more