Prairie Provident Resources Inc
Prairie Provident Resources Inc. engages in the exploration, development, and production of oil and natural gas properties in Alberta. It principally focuses on the Princess, Michichi, and Provost areas. The company is headquartered in Calgary, Canada.
Prairie Provident Resources Inc - Asset Resilience Ratio
Prairie Provident Resources Inc (PRPRF) has an Asset Resilience Ratio of 1.92% as of September 2018. 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 (2014–2023)
This chart shows how Prairie Provident Resources Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Prairie Provident Resources Inc'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 | $4.88 Million | 1.92% |
| Total Liquid Assets | $4.88 Million | 1.92% |
Asset Resilience Insights
- Limited Liquidity: Prairie Provident Resources Inc maintains only 1.92% 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.
Prairie Provident Resources Inc Industry Peers by Asset Resilience Ratio
Compare Prairie Provident Resources Inc'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 Prairie Provident Resources Inc (2014–2023)
The table below shows the annual Asset Resilience Ratio data for Prairie Provident Resources Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -2.53% | $-4.24 Million | $167.33 Million | -4.24pp |
| 2018-12-31 | 1.71% | $5.77 Million | $337.73 Million | +1.37pp |
| 2017-12-31 | 0.34% | $895.00K | $263.51 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $247.84 Million | -- |
| 2014-12-31 | 0.00% | $0.00 | $236.42 Million | -- |