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. Check how strategically is Snipp Interactive Inc's equity deployed to assess the company's strategic physical and investment asset allocation.

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. See Snipp Interactive Inc (SPN) net asset quality to measure how much of total assets are equity-financed.

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
Magnite Inc NASDAQ:MGNI	Advertising Agencies	0.00%
Guangdong Advertising Co Ltd SHE:002400	Advertising Agencies	0.46%
Zhewen Interactive Group Co Ltd SHG:600986	Advertising Agencies	5.46%
Genimous Technology Co Ltd SHE:000676	Advertising Agencies	13.35%
Inly Media Co Ltd SHG:603598	Advertising Agencies	0.52%
Dekuple PA:DKUPL	Advertising Agencies	19.80%
Enero Group Ltd AU:EGG	Advertising Agencies	13.35%
M&C Saatchi LSE:SAA	Advertising Agencies	-0.27%

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

#27498 Global

#1175 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