Grand Gulf Energy Ltd

AU:GGE Australia Oil & Gas E&P
Market Cap
$6.76 Million
AU$10.92 Million AUD
Market Cap Rank
#32141 Global
#1043 in Australia
Share Price
AU$0.00
Change (1 day)
+16.67%
52-Week Range
AU$0.00 - AU$0.00
All Time High
AU$0.06
About

Grand Gulf Energy Limited engages in the exploration and production of helium in the United States. Its flagship project includes Red Helium Project located in Utah, the United States. The company was formerly known as Alto Energy International Limited and changed its name to Grand Gulf Energy Limited in June 2007. Grand Gulf Energy Limited is based in West Perth, Australia.

Grand Gulf Energy Ltd - Asset Resilience Ratio

Latest as of December 2021: 20.35%

Grand Gulf Energy Ltd (GGE) has an Asset Resilience Ratio of 20.35% as of December 2021. 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.

Liquid Assets
AU$3.05 Million
Cash + Short-term Investments
Total Assets
AU$14.99 Million
All company assets
Resilience Assessment
Good
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2021)

This chart shows how Grand Gulf Energy Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Grand Gulf Energy Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents AU$3.05 Million 20.35%
Short-term Investments AU$0.00 0%
Total Liquid Assets AU$3.05 Million 20.35%

Asset Resilience Insights

  • Good Liquidity Position: Grand Gulf Energy Ltd maintains a healthy 20.35% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Grand Gulf Energy Ltd Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Bounty Oil & Gas NL
PINK:BYOGF
Oil & Gas E&P 0.18%
Shanxi Blue Flame Holding Co Ltd
SHE:000968
Oil & Gas E&P 0.01%
Oriental Energy Co Ltd
SHE:002221
Oil & Gas E&P -3.13%
P/F Atlantic Petroleum
CO:ATLA-DKK
Oil & Gas E&P 1.46%
Hibiscus Petroleum BHD
KLSE:5199
Oil & Gas E&P -5.94%
Reach Energy Bhd
KLSE:5256
Oil & Gas E&P 0.15%
Geo-Jade Petroleum Corp
SHG:600759
Oil & Gas E&P 0.01%
Shandong Xinchao Energy Co Ltd
SHG:600777
Oil & Gas E&P 8.49%

Annual Asset Resilience Ratio for Grand Gulf Energy Ltd (2016–2021)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-06-30 34.18% AU$1.06 Million AU$3.10 Million +2.27pp
2020-06-30 31.91% AU$1.04 Million AU$3.24 Million +25.25pp
2019-06-30 6.66% AU$190.52K AU$2.86 Million -30.05pp
2018-06-30 36.71% AU$1.69 Million AU$4.59 Million +0.18pp
2017-06-30 36.52% AU$1.86 Million AU$5.09 Million -5.41pp
2016-06-30 41.93% AU$3.11 Million AU$7.41 Million --
pp = percentage points