NEL Hydrogen ASA

ST:NELO Sweden Other
Market Cap
$1.83K
Nkr20.81K NOK
Market Cap Rank
#47333 Global
#683 in Sweden
Share Price
Nkr2.30
Change (1 day)
+2.40%
52-Week Range
Nkr1.86 - Nkr2.90
All Time High
Nkr34.00
About

NEL Hydrogen ASA operates in Real Estate Operating Companies.

NEL Hydrogen ASA - Asset Resilience Ratio

Latest as of December 2023: 0.31%

NEL Hydrogen ASA (NELO) has an Asset Resilience Ratio of 0.31% 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.

Liquid Assets
Nkr24.01 Million
Cash + Short-term Investments
Total Assets
Nkr7.86 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how NEL Hydrogen ASA's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down NEL Hydrogen ASA'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 Nkr0.00 0%
Short-term Investments Nkr24.01 Million 0.31%
Total Liquid Assets Nkr24.01 Million 0.31%

Asset Resilience Insights

  • Limited Liquidity: NEL Hydrogen ASA maintains only 0.31% 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.

NEL Hydrogen ASA Industry Peers by Asset Resilience Ratio

Compare NEL Hydrogen ASA's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
MANHATTAN ASSOC
BE:MHT
Other 0.00%
TV BROADCAST
MU:TBCN
Other 2.06%
FIRST CITIZENS BC A
BE:FC6A
Other 12.78%
COSTCO WHSL
MU:CTO
Other 1.77%
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
Other 1.39%
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
Other 0.43%

Annual Asset Resilience Ratio for NEL Hydrogen ASA (2015–2023)

The table below shows the annual Asset Resilience Ratio data for NEL Hydrogen ASA.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.31% Nkr24.01 Million Nkr7.86 Billion -7.57pp
2022-12-31 7.87% Nkr547.16 Million Nkr6.95 Billion -2.25pp
2021-12-31 10.12% Nkr608.10 Million Nkr6.01 Billion -18.14pp
2020-12-31 28.26% Nkr1.73 Billion Nkr6.14 Billion +28.08pp
2015-12-31 0.18% Nkr1.51 Million Nkr815.65 Million --
pp = percentage points