Snipp Interactive Inc - Asset Resilience Ratio

Latest as of June 2024: 10.54%

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.

Liquid Assets

CA$1.66 Million
≈ $1.20 Million USD Cash + Short-term Investments

Total Assets

CA$15.75 Million
≈ $11.39 Million USD All company assets

Resilience Assessment

Moderate
Financial Resilience Level

Asset Resilience Ratio Trend (2012–2023)

This chart shows how Snipp Interactive Inc's Asset Resilience Ratio has changed over time. Check Snipp Interactive Inc (SPN) strategic asset index to assess the company's strategic physical and investment asset allocation.

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 Snipp Interactive Inc stock valuation.

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
M&C Saatchi
LSE:SAA
Advertising Agencies -0.27%
Cheil Worldwide
KO:030000
Advertising Agencies 8.26%
Guangzhou Ruoyuchen Information Tec
SHE:003010
Advertising Agencies 3.75%
Inly Media Co Ltd
SHG:603598
Advertising Agencies 0.52%
Spearhead Integrated Marketing
SHE:300071
Advertising Agencies 0.50%
Eletromidia S.A
SA:ELMD3
Advertising Agencies 18.88%
Solocal Group SA
PA:LOCAL
Advertising Agencies 23.24%
Far East Fame Line DDB Public Company Limited
BK:FE
Advertising Agencies 4.23%

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
--
pp = percentage points

About Snipp Interactive Inc

V:SPN Canada Advertising Agencies
Market Cap
$8.31 Million
CA$11.48 Million CAD
Market Cap Rank
#27494 Global
#1169 in Canada
Share Price
CA$0.04
Change (1 day)
+0.00%
52-Week Range
CA$0.04 - CA$0.08
All Time High
CA$0.62
About

Snipp Interactive Inc. provides mobile marketing, rebate, and loyalty solutions in the United States, Canada, Ireland, and internationally. The company offers receipt processing platform; promotions and contest management software; sweepstakes administration platform; digital coupon management platform; loyalty management system; digital rebate management system; channel loyalty platform; custome… Read more