Grand Gulf Energy Ltd Asset Resilience Ratio
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 Grand Gulf Energy Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Grand Gulf Energy Ltd (2016–2021)
Asset resilience ratio of Grand Gulf Energy Ltd from 2016 to 2021. This chart shows how Grand Gulf Energy Ltd's Asset Resilience Ratio has changed over time. Read Grand Gulf Energy Ltd (GGE) total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see total assets of Grand Gulf Energy Ltd.
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 |
|---|---|---|
|
Santos Ltd
AU:STO |
Oil & Gas E&P | 0.04% |
|
Ovintiv Inc
NYSE:OVV |
Oil & Gas E&P | 1.37% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
Magnolia Oil & Gas Corp
NYSE:MGY |
Oil & Gas E&P | 9.59% |
|
Tamarack Valley Energy Ltd
TO:TVE |
Oil & Gas E&P | 0.01% |
|
Peyto Exploration&Development Corp
TO:PEY |
Oil & Gas E&P | 1.27% |
|
Baytex Energy Corp
TO:BTE |
Oil & Gas E&P | 1.43% |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2 |
Oil & Gas E&P | 0.09% |
Grand Gulf Energy Ltd Asset Resilience Ratio by Year (2016–2021)
Grand Gulf Energy Ltd asset resilience ratio by year from 2016 to 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.