Pieridae Energy Limited
Cavvy Energy Ltd. operates as an integrated midstream and upstream energy company in Canada. It develops, produces, and processes natural gas, natural gas liquids, condensate, and sulphur. The company was formerly known as Pieridae Energy Limited and changed its name to Cavvy Energy Ltd. in May 2025. The company is based in Calgary, Canada.
Pieridae Energy Limited - Asset Resilience Ratio
Pieridae Energy Limited (PTOAF) has an Asset Resilience Ratio of -0.09% 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2005–2023)
This chart shows how Pieridae Energy Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Pieridae Energy Limited'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 | $-520.00K | -0.09% |
| Total Liquid Assets | $-520.00K | -0.09% |
Asset Resilience Insights
- Limited Liquidity: Pieridae Energy Limited maintains only -0.09% 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.
Pieridae Energy Limited Industry Peers by Asset Resilience Ratio
Compare Pieridae Energy Limited'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 Pieridae Energy Limited (2005–2023)
The table below shows the annual Asset Resilience Ratio data for Pieridae Energy Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -0.10% | $-670.00K | $638.54 Million | -- |
| 2018-12-31 | 0.00% | $0.00 | $370.67 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $74.05 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $91.22 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $89.85 Million | -- |
| 2013-12-31 | 1.78% | $930.00K | $52.33 Million | -0.28pp |
| 2012-12-31 | 2.06% | $1.08 Million | $52.40 Million | -0.34pp |
| 2011-12-31 | 2.40% | $930.00K | $38.76 Million | -0.03pp |
| 2010-12-31 | 2.43% | $754.33K | $30.99 Million | +0.85pp |
| 2009-12-31 | 1.58% | $380.00K | $24.02 Million | -21.97pp |
| 2007-12-31 | 23.55% | $3.00 Million | $12.74 Million | +5.83pp |
| 2006-12-31 | 17.72% | $1.67 Million | $9.43 Million | -10.79pp |
| 2005-12-31 | 28.51% | $1.60 Million | $5.61 Million | -- |