Trinity Exploration & Production plc
Trinity Exploration & Production plc, an independent oil company, engages in the exploration, development, and production of crude oil in Trinidad & Tobago. The company holds 100% working interest on onshore assets located in the Southern Basin and Central Range; and east and west coast assets located in the Columbus Basin and Gulf of Paria. It also operates producing wells onshore. Trinity Explo… Read more
Trinity Exploration & Production plc - Asset Resilience Ratio
Trinity Exploration & Production plc (TRXEF) has an Asset Resilience Ratio of 0.83% as of December 2022. 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 (2011–2023)
This chart shows how Trinity Exploration & Production plc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Trinity Exploration & Production plc'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 | $1.03 Million | 0.83% |
| Total Liquid Assets | $1.03 Million | 0.83% |
Asset Resilience Insights
- Limited Liquidity: Trinity Exploration & Production plc maintains only 0.83% 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.
Trinity Exploration & Production plc Industry Peers by Asset Resilience Ratio
Compare Trinity Exploration & Production plc'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 Trinity Exploration & Production plc (2011–2023)
The table below shows the annual Asset Resilience Ratio data for Trinity Exploration & Production plc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 4.42% | $5.04 Million | $114.12 Million | +3.59pp |
| 2022-12-31 | 0.83% | $1.03 Million | $124.36 Million | +1.06pp |
| 2019-12-31 | -0.23% | $-253.00K | $111.41 Million | -0.25pp |
| 2011-12-31 | 0.03% | $37.00K | $136.28 Million | -- |