Tethys Oil AB
Tethys Oil AB (publ) explores for and produces oil and natural gas properties in the Sultanate of Oman. It holds 100% interests in the Block 49 covering approximately 15,439 square kilometers; 30% interest in the Blocks 3&4 covering approximately 29,130 square kilometers; 65% interest in the Block 56 covering approximately 5,808 square kilometers; and 100% interest in the Block 58 covering approx… Read more
Tethys Oil AB - Asset Resilience Ratio
Tethys Oil AB (TETY) has an Asset Resilience Ratio of 8.47% as of September 2023. 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 (2003–2022)
This chart shows how Tethys Oil AB's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Tethys Oil AB'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 | Skr27.70 Million | 8.47% |
| Short-term Investments | Skr0.00 | 0% |
| Total Liquid Assets | Skr27.70 Million | 8.47% |
Asset Resilience Insights
- Limited Liquidity: Tethys Oil AB maintains only 8.47% 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.
Tethys Oil AB Industry Peers by Asset Resilience Ratio
Compare Tethys Oil AB'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 Tethys Oil AB (2003–2022)
The table below shows the annual Asset Resilience Ratio data for Tethys Oil AB.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 13.13% | Skr41.50 Million | Skr316.00 Million | -10.98pp |
| 2021-12-31 | 24.11% | Skr68.60 Million | Skr284.50 Million | +4.35pp |
| 2020-12-31 | 19.76% | Skr55.40 Million | Skr280.30 Million | -5.42pp |
| 2019-12-31 | 25.18% | Skr75.60 Million | Skr300.20 Million | +0.10pp |
| 2018-12-31 | 25.09% | Skr73.10 Million | Skr291.40 Million | +7.92pp |
| 2017-12-31 | 17.16% | Skr42.00 Million | Skr244.70 Million | +0.84pp |
| 2016-12-31 | 16.32% | Skr39.00 Million | Skr238.90 Million | +16.29pp |
| 2015-12-31 | 0.03% | Skr83.05K | Skr257.35 Million | +0.02pp |
| 2014-12-31 | 0.02% | Skr38.69K | Skr233.81 Million | -0.02pp |
| 2013-12-31 | 0.04% | Skr101.23K | Skr243.67 Million | +0.04pp |
| 2012-12-31 | 0.00% | Skr7.68K | Skr211.11 Million | -5.16pp |
| 2008-12-31 | 5.16% | Skr1.18 Million | Skr22.86 Million | +4.34pp |
| 2006-12-31 | 0.82% | Skr973.00K | Skr118.98 Million | -72.94pp |
| 2005-12-31 | 73.76% | Skr40.45 Million | Skr54.83 Million | -3.70pp |
| 2004-12-31 | 77.46% | Skr53.52 Million | Skr69.10 Million | +51.80pp |
| 2003-12-31 | 25.66% | Skr1.06 Million | Skr4.14 Million | -- |