Empire Energy Group Ltd - Asset Resilience Ratio
Empire Energy Group Ltd (EEG) has an Asset Resilience Ratio of 0.02% as of December 2023. 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 EEG current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1994–2023)
This chart shows how Empire Energy Group Ltd's Asset Resilience Ratio has changed over time. See shareholders equity of Empire Energy Group Ltd for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Empire Energy Group 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 EEG stock market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$30.00K | 0.02% |
| Total Liquid Assets | AU$30.00K | 0.02% |
Asset Resilience Insights
- Limited Liquidity: Empire Energy Group Ltd maintains only 0.02% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Empire Energy Group Ltd Industry Peers by Asset Resilience Ratio
Compare Empire Energy Group Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Santos Ltd
AU:STO |
Oil & Gas E&P | 0.21% |
|
Ovintiv Inc
NYSE:OVV |
Oil & Gas E&P | 0.13% |
|
APA Corporation
NASDAQ:APA |
Oil & Gas E&P | 0.00% |
|
Strathcona Resources Ltd.
TO:SCR |
Oil & Gas E&P | 11.66% |
|
Comstock Resources Inc
NYSE:CRK |
Oil & Gas E&P | 0.34% |
|
Tamarack Valley Energy Ltd
TO:TVE |
Oil & Gas E&P | 0.01% |
|
Vermilion Energy Inc.
TO:VET |
Oil & Gas E&P | 0.09% |
|
Meren Energy
ST:MER |
Oil & Gas E&P | 0.86% |
Annual Asset Resilience Ratio for Empire Energy Group Ltd (1994–2023)
The table below shows the annual Asset Resilience Ratio data for Empire Energy Group Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.02% | AU$30.00K ≈ $21.23K |
AU$171.50 Million ≈ $121.35 Million |
-11.05pp |
| 2022-12-31 | 11.07% | AU$21.88 Million ≈ $15.48 Million |
AU$197.65 Million ≈ $139.85 Million |
-5.08pp |
| 2021-12-31 | 16.15% | AU$25.65 Million ≈ $18.15 Million |
AU$158.82 Million ≈ $112.38 Million |
-5.10pp |
| 2020-12-31 | 21.25% | AU$14.15 Million ≈ $10.01 Million |
AU$66.56 Million ≈ $47.10 Million |
-3.65pp |
| 2019-12-31 | 24.91% | AU$14.11 Million ≈ $9.98 Million |
AU$56.64 Million ≈ $40.07 Million |
+14.52pp |
| 2018-12-31 | 10.38% | AU$9.44 Million ≈ $6.68 Million |
AU$90.96 Million ≈ $64.36 Million |
+7.33pp |
| 2017-12-31 | 3.05% | AU$2.96 Million ≈ $2.10 Million |
AU$97.23 Million ≈ $68.80 Million |
+0.11pp |
| 2016-12-31 | 2.94% | AU$3.74 Million ≈ $2.65 Million |
AU$127.26 Million ≈ $90.05 Million |
-4.56pp |
| 2015-12-31 | 7.50% | AU$7.67 Million ≈ $5.43 Million |
AU$102.25 Million ≈ $72.35 Million |
-56.99pp |
| 2007-12-31 | 64.49% | AU$14.43 Million ≈ $10.21 Million |
AU$22.38 Million ≈ $15.84 Million |
+64.12pp |
| 1997-12-31 | 0.37% | AU$68.57K ≈ $48.52K |
AU$18.75 Million ≈ $13.27 Million |
+0.04pp |
| 1996-12-31 | 0.33% | AU$68.57K ≈ $48.52K |
AU$20.95 Million ≈ $14.82 Million |
-0.27pp |
| 1995-12-31 | 0.59% | AU$114.03K ≈ $80.68K |
AU$19.16 Million ≈ $13.56 Million |
-6.16pp |
| 1994-12-31 | 6.75% | AU$162.00K ≈ $114.63K |
AU$2.40 Million ≈ $1.70 Million |
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About Empire Energy Group Ltd
Empire Energy Group Limited, together its subsidiaries, engages in the production and sale of oil and natural gas in Australia. The company holds a 100% working interest in approximately 28.9 million acres of petroleum exploration tenements in the McArthur Basin and Beetaloo Sub-basin, onshore Northern Territory, Australia. The company was formerly known as Imperial Corporation Limited and change… Read more