Grand Gulf Energy Ltd - Asset Resilience Ratio
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. See GGE working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2021)
This chart shows how Grand Gulf Energy Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Grand Gulf Energy Ltd.
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. Explore investment intensity of Grand Gulf Energy Ltd to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Canadian Natural Resources Ltd
TO:CNQ |
Oil & Gas E&P | 0.13% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
MEG Energy Corp
TO:MEG |
Oil & Gas E&P | 0.00% |
|
Vista Oil Gas ADR
NYSE:VIST |
Oil & Gas E&P | 5.26% |
|
Magnolia Oil & Gas Corp
NYSE:MGY |
Oil & Gas E&P | 9.59% |
|
Delek Group
TA:DLEKG |
Oil & Gas E&P | 0.62% |
|
Peyto Exploration&Development Corp
TO:PEY |
Oil & Gas E&P | 1.27% |
|
Baytex Energy Corp
TO:BTE |
Oil & Gas E&P | 1.43% |
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 ≈ $748.89K |
AU$3.10 Million ≈ $2.19 Million |
+2.27pp |
| 2020-06-30 | 31.91% | AU$1.04 Million ≈ $732.62K |
AU$3.24 Million ≈ $2.30 Million |
+25.25pp |
| 2019-06-30 | 6.66% | AU$190.52K ≈ $134.80K |
AU$2.86 Million ≈ $2.03 Million |
-30.05pp |
| 2018-06-30 | 36.71% | AU$1.69 Million ≈ $1.19 Million |
AU$4.59 Million ≈ $3.25 Million |
+0.18pp |
| 2017-06-30 | 36.52% | AU$1.86 Million ≈ $1.32 Million |
AU$5.09 Million ≈ $3.60 Million |
-5.41pp |
| 2016-06-30 | 41.93% | AU$3.11 Million ≈ $2.20 Million |
AU$7.41 Million ≈ $5.25 Million |
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About Grand Gulf Energy Ltd
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.