Spartan Delta Corp

PINK:DALXF USA Oil & Gas E&P
Market Cap
$396.57 Million
Market Cap Rank
#12305 Global
#5323 in USA
Share Price
$1.98
Change (1 day)
-8.43%
52-Week Range
$1.98 - $2.41
All Time High
$16.47
About

Spartan Delta Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. Its assets are located in Duvernay and Deep Basin in Canada. The company was formerly known as Return Energy Inc. and changed its name to Spartan Delta Corp. in May 2020. Spartan Delta Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.

Spartan Delta Corp - Asset Resilience Ratio

Latest as of June 2024: -17.06%

Spartan Delta Corp (DALXF) has an Asset Resilience Ratio of -17.06% as of June 2024. 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
$-150.81 Million
Cash + Short-term Investments
Total Assets
$884.24 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2012–2014)

This chart shows how Spartan Delta Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Spartan Delta Corp'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 $-150.81 Million -17.06%
Total Liquid Assets $-150.81 Million -17.06%

Asset Resilience Insights

  • Limited Liquidity: Spartan Delta Corp maintains only -17.06% 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.

Spartan Delta Corp Industry Peers by Asset Resilience Ratio

Compare Spartan Delta Corp'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%
Reach Energy Bhd
KLSE:5256
Oil & Gas E&P 0.15%
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%

Annual Asset Resilience Ratio for Spartan Delta Corp (2012–2014)

The table below shows the annual Asset Resilience Ratio data for Spartan Delta Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2014-12-31 0.00% $0.00 $1.21 Million --
2013-12-31 0.00% $0.00 $6.14 Million --
2012-12-31 0.00% $0.00 $4.21 Million --
pp = percentage points