AKITA Drilling Ltd
AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas. The company was founded in 1964 and is headquartered in Calgary, Canada. AKITA Drill… Read more
AKITA Drilling Ltd - Asset Resilience Ratio
AKITA Drilling Ltd (AKTAF) has an Asset Resilience Ratio of 0.00% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2018)
This chart shows how AKITA Drilling 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 AKITA Drilling 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 | $0.00 | 0% |
| Short-term Investments | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: AKITA Drilling Ltd maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
AKITA Drilling Ltd Industry Peers by Asset Resilience Ratio
Compare AKITA Drilling Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN |
Oil & Gas Drilling | 17.84% |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828 |
Oil & Gas Drilling | 10.37% |
|
Velesto Energy Bhd
KLSE:5243 |
Oil & Gas Drilling | 5.93% |
|
Apexindo Pratama Duta Tbk
JK:APEX |
Oil & Gas Drilling | 0.00% |
|
Archer Limited
PINK:ARHVF |
Oil & Gas Drilling | 0.01% |
|
Awilco Drilling PLC
OTCMKTS:AWLCF |
Oil & Gas Drilling | 0.00% |
|
Borr Drilling Ltd
NYSE:BORR |
Oil & Gas Drilling | 0.06% |
|
Beard Co
PINK:BRCOQ |
Oil & Gas Drilling | 4.12% |
Annual Asset Resilience Ratio for AKITA Drilling Ltd (2000–2018)
The table below shows the annual Asset Resilience Ratio data for AKITA Drilling Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 0.00% | $0.00 | $403.64 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $207.50 Million | -- |
| 2016-12-31 | 3.30% | $8.52 Million | $257.91 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $254.52 Million | -- |
| 2014-12-31 | 0.00% | $0.00 | $340.93 Million | -- |
| 2013-12-31 | 1.71% | $5.00 Million | $291.75 Million | -- |
| 2012-12-31 | 0.00% | $0.00 | $292.99 Million | -- |
| 2011-12-31 | 3.84% | $9.50 Million | $247.13 Million | -0.29pp |
| 2010-12-31 | 4.13% | $10.03 Million | $242.65 Million | -3.55pp |
| 2009-12-31 | 7.69% | $18.00 Million | $234.22 Million | -- |
| 2008-12-31 | 0.00% | $0.00 | $242.87 Million | -- |
| 2007-12-31 | 0.00% | $0.00 | $223.52 Million | -- |
| 2006-12-31 | 0.00% | $0.00 | $222.24 Million | -- |
| 2005-12-31 | 0.00% | $0.00 | $199.85 Million | -- |
| 2004-12-31 | 0.00% | $0.00 | $162.96 Million | -- |
| 2003-12-31 | 0.00% | $0.00 | $150.90 Million | -- |
| 2002-12-31 | 0.00% | $0.00 | $133.90 Million | -- |
| 2001-12-31 | 0.00% | $0.00 | $145.86 Million | -- |
| 2000-12-31 | 0.00% | $0.00 | $85.53 Million | -- |