88 Energy Ltd - Asset Resilience Ratio

Latest as of December 2022: -0.33%

88 Energy Ltd (88E) has an Asset Resilience Ratio of -0.33% 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. Read 88E total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets

AU$-442.80K

≈ $-313.31K USD Cash + Short-term Investments

Total Assets

AU$133.03 Million

≈ $94.12 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2000–2023)

This chart shows how 88 Energy Ltd's Asset Resilience Ratio has changed over time. See 88 Energy Ltd (88E) net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down 88 Energy Ltd'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 88E company net worth.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	AU$0.00	0%
Short-term Investments	AU$-442.80K	-0.33%
Total Liquid Assets	AU$-442.80K	-0.33%

Asset Resilience Insights

Limited Liquidity: 88 Energy Ltd maintains only -0.33% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company primarily holds liquidity in cash and equivalents rather than short-term investments.

88 Energy Ltd Industry Peers by Asset Resilience Ratio

Compare 88 Energy Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
EOG Resources Inc NYSE:EOG	Oil & Gas E&P	6.76%
Diamondback Energy Inc NASDAQ:FANG	Oil & Gas E&P	0.45%
Devon Energy Corporation NYSE:DVN	Oil & Gas E&P	4.54%
Tourmaline Oil Corp. TO:TOU	Oil & Gas E&P	0.39%
Whitecap Resources Inc. TO:WCP	Oil & Gas E&P	0.35%
Petro Rio S.A. SA:PRIO3	Oil & Gas E&P	0.10%
Strathcona Resources Ltd. TO:SCR	Oil & Gas E&P	11.66%
International Petroleum Corp TO:IPCO	Oil & Gas E&P	1.08%

Annual Asset Resilience Ratio for 88 Energy Ltd (2000–2023)

The table below shows the annual Asset Resilience Ratio data for 88 Energy Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	0.00%	AU$1.00 ≈ $0.71	AU$156.53 Million ≈ $110.75 Million	+0.67pp
2022-12-31	-0.67%	AU$-885.61K ≈ $-626.62K	AU$133.03 Million ≈ $94.12 Million	-20.09pp
2013-12-31	19.43%	AU$3.41 Million ≈ $2.41 Million	AU$17.57 Million ≈ $12.43 Million	+3.20pp
2011-12-31	16.22%	AU$982.65K ≈ $695.29K	AU$6.06 Million ≈ $4.29 Million	+16.13pp
2000-12-31	0.09%	AU$8.00K ≈ $5.66K	AU$8.52 Million ≈ $6.03 Million	--

pp = percentage points

About 88 Energy Ltd

AU:88E Australia Oil & Gas E&P

Market Cap

$18.83 Million

AU$26.62 Million AUD

Market Cap Rank

#25213 Global

#1115 in Australia

Share Price

AU$0.02

Change (1 day)

-4.17%

52-Week Range

AU$0.00 - AU$0.04

All Time High

AU$0.07