Reach Energy Bhd

KLSE:5256 Malaysia Oil & Gas E&P
Market Cap
$2.36 Million
RM10.64 Million MYR
Market Cap Rank
#36904 Global
#979 in Malaysia
Share Price
RM0.01
Change (1 day)
+0.00%
52-Week Range
RM0.01 - RM0.02
All Time High
RM0.74
Categories
Companies in Malaysia Oil & Gas E&P
About

Reach Energy Berhad, an investment holding company, engages in the exploration, development, production, and sale of crude oil and other petroleum products in the Republic of Kazakhstan, Malaysia, and internationally. The company holds a 100% working interest in the Emir-Oil concession block covering an area of approximately 850.3 square kilometers located in the Mangystau Oblast in the southwest… Read more

Reach Energy Bhd - Asset Resilience Ratio

Latest as of June 2023: 0.15%

Reach Energy Bhd (5256) has an Asset Resilience Ratio of 0.15% as of June 2023. 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
RM2.05 Million
Cash + Short-term Investments
Total Assets
RM1.34 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2022)

This chart shows how Reach Energy Bhd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Reach Energy Bhd'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 RM2.05 Million 0.15%
Short-term Investments RM0.00 0%
Total Liquid Assets RM2.05 Million 0.15%

Asset Resilience Insights

  • Limited Liquidity: Reach Energy Bhd maintains only 0.15% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Reach Energy Bhd Industry Peers by Asset Resilience Ratio

Compare Reach Energy Bhd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bounty Oil & Gas NL
PINK:BYOGF 		Oil & Gas E&P 0.18%
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%
P/F Atlantic Petroleum
CO:ATLA-DKK 		Oil & Gas E&P 1.46%
Hibiscus Petroleum BHD
KLSE:5199 		Oil & Gas E&P -5.94%
Geo-Jade Petroleum Corp
SHG:600759 		Oil & Gas E&P 0.01%
Shandong Xinchao Energy Co Ltd
SHG:600777 		Oil & Gas E&P 8.49%
CNOOC Limited
SHG:600938 		Oil & Gas E&P 14.53%

Annual Asset Resilience Ratio for Reach Energy Bhd (2016–2022)

The table below shows the annual Asset Resilience Ratio data for Reach Energy Bhd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 0.85% RM10.65 Million RM1.26 Billion -2.40pp
2021-12-31 3.25% RM44.45 Million RM1.37 Billion +3.12pp
2020-12-31 0.13% RM1.69 Million RM1.30 Billion -0.49pp
2019-12-31 0.62% RM9.27 Million RM1.51 Billion -0.45pp
2018-12-31 1.07% RM17.84 Million RM1.67 Billion -0.50pp
2017-12-31 1.57% RM25.86 Million RM1.65 Billion -0.59pp
2016-12-31 2.16% RM42.05 Million RM1.95 Billion --
pp = percentage points