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. Check asset allocation strategy of Grand Gulf Energy Ltd to assess the company's strategic physical and investment asset allocation.
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. See how leveraged is Grand Gulf Energy Ltd's balance sheet to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see GGE market cap overview.
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 |
|---|---|---|
|
Serica Energy PLC
LSE:SQZ |
Oil & Gas E&P | 0.00% |
|
Vista Oil Gas ADR
NYSE:VIST |
Oil & Gas E&P | 2.33% |
|
Baytex Energy Corp
TO:BTE |
Oil & Gas E&P | 1.43% |
|
Headwater Exploration Inc
TO:HWX |
Oil & Gas E&P | 10.01% |
|
Dno ASA
OL:DNO |
Oil & Gas E&P | 7.27% |
|
Kosmos Energy Ltd
NYSE:KOS |
Oil & Gas E&P | 1.95% |
|
Kelt Exploration Ltd.
TO:KEL |
Oil & Gas E&P | 0.08% |
|
GeoPark Ltd
NYSE:GPRK |
Oil & Gas E&P | 0.00% |
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.