Promimic AB Asset Resilience Ratio

Latest as of December 2022: 8.62%

Promimic AB asset resilience ratio. Promimic AB (PRO) has an Asset Resilience Ratio of 8.62% as of December 2022. 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 PRO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Liquid Assets

Skr8.00 Million
≈ $860.93K USD Cash + Short-term Investments

Total Assets

Skr92.77 Million
≈ $9.98 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Promimic AB (2019–2022)

Asset resilience ratio of Promimic AB from 2019 to 2022. This chart shows how Promimic AB's Asset Resilience Ratio has changed over time. Read Promimic AB (PRO) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Promimic AB's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see PRO total asset value.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Skr0.00 0%
Short-term Investments Skr8.00 Million 8.62%
Total Liquid Assets Skr8.00 Million 8.62%

Asset Resilience Insights

  • Limited Liquidity: Promimic AB maintains only 8.62% 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.

Promimic AB Industry Peers by Asset Resilience Ratio

Compare Promimic AB's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Shenzhen New Industries Biomedical
SHE:300832
Medical Devices 9.95%
Double Medical Technology Inc
SHE:002901
Medical Devices 12.59%
BMC Medical Co. Ltd. A
SHE:301367
Medical Devices 44.96%
Emvision Medical Devices Ltd
AU:EMV
Medical Devices 0.06%
Hironic Co. Ltd
KQ:149980
Medical Devices 17.42%
DRGEM Corporation
KQ:263690
Medical Devices 2.12%
Oncosil Medical Ltd
AU:OSL
Medical Devices 0.00%
Adherium Ltd
AU:ADR
Medical Devices 15.45%

Promimic AB Asset Resilience Ratio by Year (2019–2022)

Promimic AB asset resilience ratio by year from 2019 to 2022. The table below shows the annual Asset Resilience Ratio data for Promimic AB.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 8.62% Skr8.00 Million
≈ $860.93K
Skr92.77 Million
≈ $9.98 Million
+10.93pp
2021-12-31 -2.31% Skr-743.00K
≈ $-79.96K
Skr32.16 Million
≈ $3.46 Million
-14.60pp
2019-12-31 12.29% Skr4.00 Million
≈ $430.48K
Skr32.56 Million
≈ $3.50 Million
--
pp = percentage points

About Promimic AB

ST:PRO Sweden Medical Devices
Market Cap
$17.99 Million
Skr167.20 Million SEK
Market Cap Rank
#25284 Global
#504 in Sweden
Share Price
Skr8.85
Change (1 day)
-6.35%
52-Week Range
Skr7.75 - Skr17.05
All Time High
Skr40.50
About

Promimic AB (publ) manufactures, markets, and sells biomaterials for improved osseointegration for orthopedic and dental implants markets. It offers HAnano surface technology that combines various properties that are known to improve osseointegration into one unique surface modification. The company was incorporated in 2004 and is based in Mölndal, Sweden.