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. Check GRNG strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

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. See debt-free asset ratio of Gränges AB (publ) to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see market value of Gränges AB (publ).

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
China Hongqiao Group Ltd F:H0Q	Aluminum	3.21%
Aluar Aluminio Argentino BA:ALUA	Aluminum	4.73%
Henan Mingtai Al.Industrial Co Ltd SHG:601677	Aluminum	4.58%
Installux PA:ALLUX	Aluminum	10.26%
Alpha Hpa Ltd AU:A4N	Aluminum	0.28%
Capral Ltd AU:CAA	Aluminum	0.00%
ABX Group Ltd AU:ABX	Aluminum	18.86%
Cia Brasileira de Aluminio SA:CBAV3	Aluminum	0.53%

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

$2.07 Billion

Skr19.26 Billion SEK

Market Cap Rank

#6203 Global

#85 in Sweden

Share Price

Skr180.90

Change (1 day)

-0.93%

52-Week Range

Skr115.60 - Skr195.20

All Time High

Skr49435.15