Snipp Interactive Inc - Asset Resilience Ratio
Snipp Interactive Inc (SPN) has an Asset Resilience Ratio of 10.54% as of June 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. Read debt load of Snipp Interactive Inc for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2023)
This chart shows how Snipp Interactive Inc's Asset Resilience Ratio has changed over time. See shareholders equity of Snipp Interactive Inc for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Snipp Interactive Inc'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 how much is Snipp Interactive Inc worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$1.66 Million | 10.54% |
| Total Liquid Assets | CA$1.66 Million | 10.54% |
Asset Resilience Insights
- Moderate Liquidity: Snipp Interactive Inc has 10.54% of assets in liquid form.
- While adequate for normal operations, this level may limit flexibility during economic stress.
- The company has significant short-term investments, indicating active treasury management.
Snipp Interactive Inc Industry Peers by Asset Resilience Ratio
Compare Snipp Interactive Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
DLG Exhibitions & Events Corp Ltd
SHG:600826 |
Advertising Agencies | 29.09% |
|
Mega-info Media Co.Ltd.
SHE:301102 |
Advertising Agencies | 0.00% |
|
Brightcom Group Limited
NSE:BCG |
Advertising Agencies | 0.01% |
|
Oricom Inc
KQ:010470 |
Advertising Agencies | 9.74% |
|
GTN Ltd
AU:GTN |
Advertising Agencies | 7.80% |
|
Acheter Louer
PA:ALALO |
Advertising Agencies | 0.00% |
|
Ooh!Media Ltd
AU:OML |
Advertising Agencies | 0.96% |
|
Ive Group Ltd
AU:IGL |
Advertising Agencies | 7.54% |
Annual Asset Resilience Ratio for Snipp Interactive Inc (2012–2023)
The table below shows the annual Asset Resilience Ratio data for Snipp Interactive Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 8.91% | CA$1.20 Million ≈ $865.37K |
CA$13.43 Million ≈ $9.71 Million |
+3.71pp |
| 2022-12-31 | 5.20% | CA$805.85K ≈ $582.94K |
CA$15.50 Million ≈ $11.21 Million |
-6.99pp |
| 2021-12-31 | 12.19% | CA$908.65K ≈ $657.31K |
CA$7.45 Million ≈ $5.39 Million |
+5.48pp |
| 2020-12-31 | 6.71% | CA$420.96K ≈ $304.52K |
CA$6.27 Million ≈ $4.54 Million |
+0.29pp |
| 2019-12-31 | 6.42% | CA$435.63K ≈ $315.13K |
CA$6.78 Million ≈ $4.91 Million |
+0.81pp |
| 2018-12-31 | 5.61% | CA$716.88K ≈ $518.58K |
CA$12.78 Million ≈ $9.24 Million |
+1.85pp |
| 2017-12-31 | 3.76% | CA$498.15K ≈ $360.35K |
CA$13.23 Million ≈ $9.57 Million |
+1.96pp |
| 2016-12-31 | 1.81% | CA$286.59K ≈ $207.32K |
CA$15.84 Million ≈ $11.46 Million |
-0.03pp |
| 2015-12-31 | 1.84% | CA$316.87K ≈ $229.22K |
CA$17.23 Million ≈ $12.47 Million |
+1.84pp |
| 2014-12-31 | 0.00% | CA$26.00 ≈ $18.81 |
CA$2.51 Million ≈ $1.81 Million |
-0.04pp |
| 2012-12-31 | 0.05% | CA$503.00 ≈ $363.86 |
CA$1.12 Million ≈ $808.08K |
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About Snipp Interactive Inc
Snipp Interactive Inc. provides mobile marketing, rebate, and loyalty solutions in the United States, Canada, Ireland, and internationally. The company offers SnippCheck, a receipt processing system that enables brands to tap into unprecedented consumer purchase and behavioral data; SnippWin, a promotion and sweepstakes platform that provides various promotions from gift to instant win contests, … Read more