Hess Corporation Asset Resilience Ratio
Hess Corporation asset resilience ratio. Hess Corporation (HES) has an Asset Resilience Ratio of 8.70% as of September 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. See operational self-sufficiency of Hess Corporation to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Hess Corporation (2009–2022)
Asset resilience ratio of Hess Corporation from 2009 to 2022. This chart shows how Hess Corporation's Asset Resilience Ratio has changed over time. Read HES total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Hess Corporation'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 balance sheet size of Hess Corporation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $2.02 Billion | 8.7% |
| Short-term Investments | $0.00 | 0% |
| Total Liquid Assets | $2.02 Billion | 8.70% |
Asset Resilience Insights
- Limited Liquidity: Hess Corporation maintains only 8.70% 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.
Hess Corporation Industry Peers by Asset Resilience Ratio
Compare Hess Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
EOG Resources Inc
NYSE:EOG |
Oil & Gas E&P | 6.56% |
|
Tourmaline Oil Corp.
TO:TOU |
Oil & Gas E&P | 0.39% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
Murphy Oil Corporation
NYSE:MUR |
Oil & Gas E&P | 3.84% |
|
DELEK GP SP.ADR/1/01/O.N
F:6D40 |
Oil & Gas E&P | 0.40% |
|
Shandong Xinchao Energy Co Ltd
SHG:600777 |
Oil & Gas E&P | 10.19% |
|
Black Stone Minerals LP
NYSE:BSM |
Oil & Gas E&P | 0.11% |
|
Talos Energy
NYSE:TALO |
Oil & Gas E&P | 0.05% |
Hess Corporation Asset Resilience Ratio by Year (2009–2022)
Hess Corporation asset resilience ratio by year from 2009 to 2022. The table below shows the annual Asset Resilience Ratio data for Hess Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 11.46% | $2.49 Billion | $21.70 Billion | -1.77pp |
| 2021-12-31 | 13.22% | $2.71 Billion | $20.52 Billion | +3.98pp |
| 2020-12-31 | 9.24% | $1.74 Billion | $18.82 Billion | +2.15pp |
| 2019-12-31 | 7.09% | $1.54 Billion | $21.78 Billion | -5.48pp |
| 2018-12-31 | 12.57% | $2.69 Billion | $21.43 Billion | -8.40pp |
| 2017-12-31 | 20.97% | $4.85 Billion | $23.11 Billion | +11.43pp |
| 2016-12-31 | 9.55% | $2.73 Billion | $28.62 Billion | -- |
| 2015-12-31 | 0.00% | $0.00 | $34.20 Billion | -- |
| 2014-12-31 | 0.00% | $0.00 | $38.58 Billion | -- |
| 2013-12-31 | 0.00% | $0.00 | $42.79 Billion | -- |
| 2012-12-31 | 0.00% | $0.00 | $43.59 Billion | -- |
| 2011-12-31 | 0.00% | $0.00 | $38.94 Billion | -- |
| 2010-12-31 | 0.00% | $0.00 | $35.28 Billion | -- |
| 2009-12-31 | 0.00% | $0.00 | $29.42 Billion | -- |
About Hess Corporation
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. It operates in two segments, Exploration and Production, and Midstream. The company also conduct exploration activities principally offshore … Read more