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. See how liquid is Snipp Interactive Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Snipp Interactive Inc balance sheet assets.

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. Read SPN current and long-term liabilities for a breakdown of total debt and financial obligations.

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
Focus Media Information Technology Co Ltd SHE:002027	Advertising Agencies	30.20%
Eletromidia S.A SA:ELMD3	Advertising Agencies	18.88%
Wirtualna Polska Holding SA WAR:WPL	Advertising Agencies	0.34%
Enero Group Ltd AU:EGG	Advertising Agencies	13.35%
I Synergy Group Ltd AU:IS3	Advertising Agencies	5.41%
Klarsen SA PA:ALKLA	Advertising Agencies	0.78%
Netmedia Group S.A. PA:ALNMG	Advertising Agencies	0.27%
Ooh!Media Ltd AU:OML	Advertising Agencies	0.96%

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

#27605 Global

#1174 in Canada

Share Price

CA$0.04

Change (1 day)

+0.00%

52-Week Range

CA$0.04 - CA$0.07

All Time High

CA$0.62