Erin Energy Corp
Erin Energy Corporation, an independent exploration and production company, engages in the acquisition and development of energy resources in Africa. Its asset portfolio consists of five licenses covering an area of approximately 6,000 square kilometers across offshore Nigeria, offshore Ghana, and offshore The Gambia. The company was formerly known as CAMAC Energy Inc. and changed its name to Eri… Read more
Erin Energy Corp - Asset Resilience Ratio
Erin Energy Corp (ERINQ) has an Asset Resilience Ratio of 4.66% as of December 2017. 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 (2007–2017)
This chart shows how Erin Energy 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 Erin Energy 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 | $11.69 Million | 4.66% |
| Total Liquid Assets | $11.69 Million | 4.66% |
Asset Resilience Insights
- Limited Liquidity: Erin Energy Corp maintains only 4.66% 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.
Erin Energy Corp Industry Peers by Asset Resilience Ratio
Compare Erin Energy 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 Erin Energy Corp (2007–2017)
The table below shows the annual Asset Resilience Ratio data for Erin Energy Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2017-12-31 | 4.66% | $11.69 Million | $251.13 Million | +3.76pp |
| 2016-12-31 | 0.90% | $2.60 Million | $289.20 Million | -1.40pp |
| 2015-12-31 | 2.30% | $8.66 Million | $376.16 Million | +2.07pp |
| 2014-12-31 | 0.23% | $1.50 Million | $638.44 Million | +0.13pp |
| 2010-12-31 | 0.10% | $256.00K | $247.84 Million | -23.24pp |
| 2009-12-31 | 23.34% | $1.74 Million | $7.44 Million | +14.41pp |
| 2008-12-31 | 8.92% | $1.26 Million | $14.12 Million | -55.23pp |
| 2007-12-31 | 64.16% | $11.20 Million | $17.46 Million | -- |