Pennine Petroleum Corporation
Pambili Natural Resources Corporation engages in the exploration and development of gold mining projects in Zimbabwe. It operates Happy Valley gold mine in Bulawayo, Zimbabwe; and the Golden Valley project located in Matabeleland province, Zimbabwe. The company was formerly known as Pennine Petroleum Corporation and changed its name to Pambili Natural Resources Corporation in June 2022. Pambili N… Read more
Pennine Petroleum Corporation - Asset Resilience Ratio
Pennine Petroleum Corporation (PNNEF) has an Asset Resilience Ratio of 0.39% as of September 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2017)
This chart shows how Pennine Petroleum Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Pennine Petroleum Corporation'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 | $11.55K | 0.39% |
| Total Liquid Assets | $11.55K | 0.39% |
Asset Resilience Insights
- Limited Liquidity: Pennine Petroleum Corporation maintains only 0.39% 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.
Pennine Petroleum Corporation Industry Peers by Asset Resilience Ratio
Compare Pennine Petroleum Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF |
Oil & Gas E&P | 0.70% |
|
Helium Evolution Incorporated
PINK:HEEVF |
Oil & Gas E&P | 21.10% |
|
One Step Vending Corp
PINK:KOSK |
Oil & Gas E&P | 0.00% |
|
Melbana Energy Ltd
AU:MAY |
Oil & Gas E&P | 0.00% |
|
West Texas Resources Inc
PINK:WTXR |
Oil & Gas E&P | 0.00% |
|
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% |
Annual Asset Resilience Ratio for Pennine Petroleum Corporation (2014–2017)
The table below shows the annual Asset Resilience Ratio data for Pennine Petroleum Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2017-12-31 | 0.03% | $377.00 | $1.11 Million | -0.11pp |
| 2015-12-31 | 0.15% | $1.82K | $1.24 Million | -0.23pp |
| 2014-12-31 | 0.38% | $4.36K | $1.15 Million | -- |