Tourmaline Oil Corp.
Tourmaline Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canad… Read more
Tourmaline Oil Corp. - Asset Resilience Ratio
Tourmaline Oil Corp. (TRMLF) has an Asset Resilience Ratio of 0.00% as of September 2021. 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 (2008–2019)
This chart shows how Tourmaline Oil 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 Tourmaline Oil 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 | $122.00K | 0.0% |
| Total Liquid Assets | $122.00K | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Tourmaline Oil Corp. maintains only 0.00% 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.
Tourmaline Oil Corp. Industry Peers by Asset Resilience Ratio
Compare Tourmaline Oil 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 Tourmaline Oil Corp. (2008–2019)
The table below shows the annual Asset Resilience Ratio data for Tourmaline Oil Corp..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 0.11% | $12.13 Million | $11.18 Billion | -0.22pp |
| 2018-12-31 | 0.33% | $35.29 Million | $10.73 Billion | +0.16pp |
| 2017-12-31 | 0.17% | $17.34 Million | $10.18 Billion | +0.16pp |
| 2016-12-31 | 0.01% | $895.00K | $9.36 Billion | -0.51pp |
| 2015-12-31 | 0.52% | $39.68 Million | $7.64 Billion | -0.02pp |
| 2014-12-31 | 0.54% | $35.57 Million | $6.62 Billion | +0.53pp |
| 2013-12-31 | 0.00% | $166.00K | $4.70 Billion | -0.13pp |
| 2012-12-31 | 0.13% | $4.81 Million | $3.58 Billion | +0.12pp |
| 2011-12-31 | 0.01% | $276.00K | $2.71 Billion | -0.80pp |
| 2010-12-31 | 0.81% | $14.41 Million | $1.79 Billion | +0.77pp |
| 2009-12-31 | 0.03% | $324.00K | $1.00 Billion | -- |
| 2008-12-31 | 0.00% | $0.00 | $264.45 Million | -- |