Prominence Energy Ltd
Prominence Energy Ltd, together with its subsidiaries, explores for, develops, and produces oil and gas projects in Australia and the United States. It holds a 100% working interest in the Big Apple Gas Prospect located on the Outer Continental Shelf of the Gulf of Mexico in the United States; and a 12.5% interest in exploration permit WA-519-P located on the Northwest Shelf, Australia. Prominenc… Read more
Prominence Energy Ltd - Asset Resilience Ratio
Prominence Energy Ltd (PRM) has an Asset Resilience Ratio of 26.30% as of June 2025. 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1991–2023)
This chart shows how Prominence 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 Prominence 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$414.37K | 26.3% |
| Short-term Investments | AU$0.00 | 0% |
| Total Liquid Assets | AU$414.37K | 26.30% |
Asset Resilience Insights
- Very High Liquidity: Prominence Energy Ltd maintains exceptional liquid asset reserves at 26.30% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Prominence Energy Ltd Industry Peers by Asset Resilience Ratio
Compare Prominence Energy Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF |
Oil & Gas E&P | 0.70% |
|
Helium Evolution Incorporated
PINK:HEEVF |
Oil & Gas E&P | 21.10% |
|
One Step Vending Corp
PINK:KOSK |
Oil & Gas E&P | 0.00% |
|
Melbana Energy Ltd
AU:MAY |
Oil & Gas E&P | 0.00% |
|
West Texas Resources Inc
PINK:WTXR |
Oil & Gas E&P | 0.00% |
|
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% |
Annual Asset Resilience Ratio for Prominence Energy Ltd (1991–2023)
The table below shows the annual Asset Resilience Ratio data for Prominence Energy Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-06-30 | 7.96% | AU$647.53K | AU$8.13 Million | -21.11pp |
| 2022-06-30 | 29.07% | AU$2.71 Million | AU$9.33 Million | -- |
| 2021-06-30 | 0.00% | AU$0.00 | AU$4.15 Million | -- |
| 2020-06-30 | 0.00% | AU$0.00 | AU$1.24 Million | -- |
| 2012-06-30 | 0.00% | AU$900.00 | AU$18.29 Million | -0.01pp |
| 2011-06-30 | 0.01% | AU$900.00 | AU$8.84 Million | +0.00pp |
| 2010-06-30 | 0.01% | AU$900.00 | AU$15.57 Million | +0.00pp |
| 2009-06-30 | 0.00% | AU$900.00 | AU$20.37 Million | -0.02pp |
| 2008-06-30 | 0.02% | AU$4.10K | AU$16.80 Million | +0.00pp |
| 2007-06-30 | 0.02% | AU$4.00K | AU$18.84 Million | -2.19pp |
| 2006-06-30 | 2.21% | AU$427.00K | AU$19.31 Million | -0.70pp |
| 2005-06-30 | 2.92% | AU$404.50K | AU$13.88 Million | -4.45pp |
| 2004-06-30 | 7.36% | AU$834.08K | AU$11.33 Million | +4.07pp |
| 2003-06-30 | 3.29% | AU$438.97K | AU$13.34 Million | -8.68pp |
| 2002-06-30 | 11.97% | AU$954.49K | AU$7.97 Million | -5.36pp |
| 2001-06-30 | 17.33% | AU$917.42K | AU$5.29 Million | -9.07pp |
| 2000-06-30 | 26.41% | AU$970.75K | AU$3.68 Million | +21.08pp |
| 1999-06-30 | 5.33% | AU$372.45K | AU$6.99 Million | -25.45pp |
| 1998-06-30 | 30.78% | AU$2.23 Million | AU$7.26 Million | +20.44pp |
| 1997-06-30 | 10.34% | AU$492.00K | AU$4.76 Million | +10.28pp |
| 1991-06-30 | 0.05% | AU$4.00K | AU$7.82 Million | -- |