Shandong Molong Petroleum Machinery Company Limited - Asset Resilience Ratio
Shandong Molong Petroleum Machinery Company Limited (PXI) has an Asset Resilience Ratio of 0.72% as of June 2019. 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 how liquid is Shandong Molong Petroleum Machinery Comp's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2018)
This chart shows how Shandong Molong Petroleum Machinery Company Limited's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see PXI asset base.
Liquid Assets Composition Over Time
This chart breaks down Shandong Molong Petroleum Machinery Company Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Shandong Molong Petroleum Machinery Comp long-term investment allocation to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0% |
| Short-term Investments | €46.90 Million | 0.72% |
| Total Liquid Assets | €46.90 Million | 0.72% |
Asset Resilience Insights
- Limited Liquidity: Shandong Molong Petroleum Machinery Company Limited maintains only 0.72% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Shandong Molong Petroleum Machinery Company Limited Industry Peers by Asset Resilience Ratio
Compare Shandong Molong Petroleum Machinery Company Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Exmar NV
BR:EXM |
Oil & Gas Equipment & Services | 0.15% |
|
Calfrac Well Services Ltd.
TO:CFW |
Oil & Gas Equipment & Services | 0.64% |
|
ProPetro Holding Corp
NYSE:PUMP |
Oil & Gas Equipment & Services | 0.00% |
|
Keyfield International Berhad
KLSE:5321 |
Oil & Gas Equipment & Services | 0.04% |
|
PBG SA
WAR:PBG |
Oil & Gas Equipment & Services | 0.00% |
|
S.D. STANDARD ETC DL-03
F:S1P |
Oil & Gas Equipment & Services | 35.30% |
|
OSX Brasil S.A
SA:OSXB3 |
Oil & Gas Equipment & Services | 1.35% |
|
Worley Ltd
AU:WOR |
Oil & Gas Equipment & Services | -1.28% |
Annual Asset Resilience Ratio for Shandong Molong Petroleum Machinery Company Limited (2016–2018)
The table below shows the annual Asset Resilience Ratio data for Shandong Molong Petroleum Machinery Company Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 1.59% | €104.90 Million ≈ $122.64 Million |
€6.61 Billion ≈ $7.72 Billion |
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| 2016-12-31 | 0.00% | €0.00 ≈ $0.00 |
€5.77 Billion ≈ $6.75 Billion |
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About Shandong Molong Petroleum Machinery Company Limited
Shandong Molong Petroleum Machinery Company Limited, together with its subsidiaries, engages in the design, research and development, production, and sale of products and services for the energy equipment industry in the People's Republic of China and internationally. It operates through Pipe Products; Oil sucker, sucker pump, sucker rod; Petroleum Machinery Parts; Casting and Forging; and Others… Read more