Gränges AB (publ)
Gränges AB (publ) engages in the development, production, and distribution of rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Asia Pacific, Europe, and North and South Americas. The company offers clad and unclad rolled aluminium products. It serves various markets, including automotive; heating, ventilation, and air conditioning; specialty … Read more
Gränges AB (publ) - Asset Resilience Ratio
Gränges AB (publ) (GRNG) has an Asset Resilience Ratio of -1.12% as of September 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 (2014–2023)
This chart shows how Gränges AB (publ)'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Gränges AB (publ)'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 | Skr0.00 | 0% |
| Short-term Investments | Skr-209.00 Million | -1.12% |
| Total Liquid Assets | Skr-209.00 Million | -1.12% |
Asset Resilience Insights
- Limited Liquidity: Gränges AB (publ) maintains only -1.12% 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.
Gränges AB (publ) Industry Peers by Asset Resilience Ratio
Compare Gränges AB (publ)'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Jiaozuo Wanfang Aluminum
SHE:000612 |
Aluminum | 1.24% |
|
Yunnan Aluminium Co Ltd
SHE:000807 |
Aluminum | 6.31% |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933 |
Aluminum | 3.97% |
|
Aluko Co Ltd
KO:001780 |
Aluminum | 1.59% |
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101 |
Aluminum | 5.56% |
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160 |
Aluminum | 0.02% |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182 |
Aluminum | 2.04% |
|
ZYF Lopsking Aluminum Co Ltd
SHE:002333 |
Aluminum | 1.10% |
Annual Asset Resilience Ratio for Gränges AB (publ) (2014–2023)
The table below shows the annual Asset Resilience Ratio data for Gränges AB (publ).
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.25% | Skr208.00 Million | Skr16.69 Billion | +2.28pp |
| 2022-12-31 | -1.04% | Skr-182.00 Million | Skr17.53 Billion | -0.26pp |
| 2021-12-31 | -0.77% | Skr-122.00 Million | Skr15.77 Billion | -0.60pp |
| 2020-12-31 | -0.18% | Skr-24.00 Million | Skr13.65 Billion | -0.08pp |
| 2019-12-31 | -0.10% | Skr-10.00 Million | Skr10.48 Billion | +0.04pp |
| 2018-12-31 | -0.14% | Skr-12.00 Million | Skr8.77 Billion | +0.46pp |
| 2017-12-31 | -0.60% | Skr-48.00 Million | Skr8.01 Billion | -0.02pp |
| 2016-12-31 | -0.58% | Skr-46.00 Million | Skr7.95 Billion | +0.28pp |
| 2015-12-31 | -0.86% | Skr-38.00 Million | Skr4.40 Billion | -0.17pp |
| 2014-12-31 | -0.70% | Skr-31.00 Million | Skr4.46 Billion | -- |