88 Energy Ltd - Asset Resilience Ratio
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. Check strategic asset allocation of 88 Energy Ltd to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2023)
This chart shows how 88 Energy Ltd's Asset Resilience Ratio has changed over time. See 88E net asset quality index to measure how much of total assets are equity-financed.
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 |
|---|---|---|
|
Aker BP ASA
OL:AKRBP |
Oil & Gas E&P | 7.04% |
|
SM Energy Co
NYSE:SM |
Oil & Gas E&P | 3.98% |
|
Peyto Exploration&Development Corp
TO:PEY |
Oil & Gas E&P | 1.27% |
|
BKV Corporation
NYSE:BKV |
Oil & Gas E&P | 2.87% |
|
International Petroleum Corp
TO:IPCO |
Oil & Gas E&P | 1.08% |
|
Spartan Delta Corp
TO:SDE |
Oil & Gas E&P | 0.03% |
|
Kosmos Energy Ltd
NYSE:KOS |
Oil & Gas E&P | 1.95% |
|
Africa Oil Corp
TO:AOI |
Oil & Gas E&P | 19.29% |
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 |
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About 88 Energy Ltd
88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. The company operates through three segments: Oil and Gas exploration in Alaska, USA.; Oil & Gas production in Texas, USA.; and Oil & Gas exploration, Namibia. 88 Energy Limited was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February… Read more