Magle Chemoswed Holding Ab - Asset Resilience Ratio

Latest as of December 2023: 0.02%

Magle Chemoswed Holding Ab (MAGLE) has an Asset Resilience Ratio of 0.02% as of December 2023. 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 working capital to net assets of Magle Chemoswed Holding Ab to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

Skr56.00K
≈ $6.03K USD Cash + Short-term Investments

Total Assets

Skr278.75 Million
≈ $30.00 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2023)

This chart shows how Magle Chemoswed Holding Ab's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Magle Chemoswed Holding Ab asset portfolio.

Liquid Assets Composition Over Time

This chart breaks down Magle Chemoswed Holding Ab's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Magle Chemoswed Holding Ab (MAGLE) total liabilities for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Skr0.00 0%
Short-term Investments Skr56.00K 0.02%
Total Liquid Assets Skr56.00K 0.02%

Asset Resilience Insights

  • Limited Liquidity: Magle Chemoswed Holding Ab maintains only 0.02% 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.

Magle Chemoswed Holding Ab Industry Peers by Asset Resilience Ratio

Compare Magle Chemoswed Holding Ab's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
ALK-Abelló A/S
CO:ALK-B
Biotechnology 0.98%
Mirum Pharmaceuticals Inc
NASDAQ:MIRM
Biotechnology 6.89%
Xiamen Amoytop Biotech Co Ltd
SHG:688278
Biotechnology 4.69%
BB Biotech AG
SW:BION
Biotechnology 92.97%
Soleno Therapeutics Inc
NASDAQ:SLNO
Biotechnology 20.15%
Nanobiotix
NASDAQ:NBTX
Biotechnology 4.71%
Wuhan Keqian Biology Co Ltd
SHG:688526
Biotechnology 19.42%
Beijing Konruns Pharmaceutical Co Ltd
SHG:603590
Biotechnology 10.55%

Annual Asset Resilience Ratio for Magle Chemoswed Holding Ab (2017–2023)

The table below shows the annual Asset Resilience Ratio data for Magle Chemoswed Holding Ab.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.02% Skr56.00K
≈ $6.03K
Skr272.97 Million
≈ $29.38 Million
+0.24pp
2022-12-31 -0.22% Skr-566.00K
≈ $-60.91K
Skr252.86 Million
≈ $27.21 Million
+0.01pp
2021-12-31 -0.24% Skr-566.00K
≈ $-60.91K
Skr237.18 Million
≈ $25.52 Million
-0.29pp
2018-12-31 0.05% Skr75.00K
≈ $8.07K
Skr152.54 Million
≈ $16.42 Million
-0.01pp
2017-12-31 0.06% Skr89.00K
≈ $9.58K
Skr147.88 Million
≈ $15.91 Million
--
pp = percentage points

About Magle Chemoswed Holding Ab

ST:MAGLE Sweden Biotechnology
Market Cap
$866.66K
Skr8.05 Million SEK
Market Cap Rank
#30780 Global
#717 in Sweden
Share Price
Skr0.39
Change (1 day)
-10.55%
52-Week Range
Skr0.31 - Skr20.80
All Time High
Skr46.00
About

Magle Chemoswed Holding AB (publ), together with its subsidiaries, engages in research and development of pharmaceutical and medical device products in Sweden. It provides warfarin sodium products used as anticoagulants for multiple indications; melperone hydrochloride, which is an antipsychotic agent; isradipine, a calcium channel blocker used to treat hypertension; and benserazide hydrochloride… Read more