Gränges AB (publ) - Asset Resilience Ratio

Latest as of September 2024: -1.12%

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. See Gränges AB (publ) (GRNG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

Skr-209.00 Million

≈ $-22.49 Million USD Cash + Short-term Investments

Total Assets

Skr18.73 Billion

≈ $2.02 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2014–2023)

This chart shows how Gränges AB (publ)'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Gränges AB (publ) total assets.

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. Explore how much of Gränges AB (publ)'s assets are long-term investments to see how much of total assets are deployed in long-term investments.

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
Aluar Aluminio Argentino BA:ALUA	Aluminum	4.73%
Jiangsu Asia Pacific Light Alloy Technology Co Ltd SHE:002540	Aluminum	1.58%
Henan Mingtai Al.Industrial Co Ltd SHG:601677	Aluminum	4.58%
Alpha Hpa Ltd AU:A4N	Aluminum	9.25%
ZYF Lopsking Aluminum Co Ltd SHE:002333	Aluminum	0.34%
Sammok S-Form Co.Ltd KQ:018310	Aluminum	28.76%
Installux PA:ALLUX	Aluminum	10.26%
Goyal Aluminiums Limited NSE:GOYALALUM	Aluminum	3.63%

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 ≈ $22.38 Million	Skr16.69 Billion ≈ $1.80 Billion	+2.28pp
2022-12-31	-1.04%	Skr-182.00 Million ≈ $-19.59 Million	Skr17.53 Billion ≈ $1.89 Billion	-0.26pp
2021-12-31	-0.77%	Skr-122.00 Million ≈ $-13.13 Million	Skr15.77 Billion ≈ $1.70 Billion	-0.60pp
2020-12-31	-0.18%	Skr-24.00 Million ≈ $-2.58 Million	Skr13.65 Billion ≈ $1.47 Billion	-0.08pp
2019-12-31	-0.10%	Skr-10.00 Million ≈ $-1.08 Million	Skr10.48 Billion ≈ $1.13 Billion	+0.04pp
2018-12-31	-0.14%	Skr-12.00 Million ≈ $-1.29 Million	Skr8.77 Billion ≈ $944.11 Million	+0.46pp
2017-12-31	-0.60%	Skr-48.00 Million ≈ $-5.17 Million	Skr8.01 Billion ≈ $861.47 Million	-0.02pp
2016-12-31	-0.58%	Skr-46.00 Million ≈ $-4.95 Million	Skr7.95 Billion ≈ $855.55 Million	+0.28pp
2015-12-31	-0.86%	Skr-38.00 Million ≈ $-4.09 Million	Skr4.40 Billion ≈ $473.73 Million	-0.17pp
2014-12-31	-0.70%	Skr-31.00 Million ≈ $-3.34 Million	Skr4.46 Billion ≈ $479.97 Million	--

pp = percentage points

About Gränges AB (publ)

ST:GRNG Sweden Aluminum

Market Cap

$2.02 Billion

Skr18.79 Billion SEK

Market Cap Rank

#6167 Global

#90 in Sweden

Share Price

Skr176.40

Change (1 day)

+4.44%

52-Week Range

Skr115.60 - Skr195.20

All Time High

Skr49435.15