Prairie Provident Resources Inc

PINK:PRPRF USA Oil & Gas E&P
Market Cap
$1.17 Million
Market Cap Rank
#36860 Global
#11994 in USA
Share Price
$0.03
Change (1 day)
+0.00%
52-Week Range
$0.02 - $0.04
All Time High
$0.74
About

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

Latest as of September 2018: 1.92%

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
$4.88 Million
Cash + Short-term Investments
Total Assets
$254.26 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

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 --
pp = percentage points