Advantage Oil & Gas Ltd. - Asset Resilience Ratio
Advantage Oil & Gas Ltd. (AAV) has an Asset Resilience Ratio of 1.80% 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. Read AAV total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2009–2024)
This chart shows how Advantage Oil & Gas Ltd.'s Asset Resilience Ratio has changed over time. See Advantage Oil & Gas Ltd. shareholders equity for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Advantage Oil & Gas Ltd.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see AAV market cap overview.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$41.18 Million | 1.8% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$41.18 Million | 1.80% |
Asset Resilience Insights
- Limited Liquidity: Advantage Oil & Gas Ltd. maintains only 1.80% 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.
Advantage Oil & Gas Ltd. Industry Peers by Asset Resilience Ratio
Compare Advantage Oil & Gas Ltd.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Santos Ltd
AU:STO |
Oil & Gas E&P | 0.21% |
|
Ovintiv Inc
NYSE:OVV |
Oil & Gas E&P | 0.13% |
|
APA Corporation
NASDAQ:APA |
Oil & Gas E&P | 0.00% |
|
Strathcona Resources Ltd.
TO:SCR |
Oil & Gas E&P | 11.66% |
|
Comstock Resources Inc
NYSE:CRK |
Oil & Gas E&P | 0.34% |
|
Tamarack Valley Energy Ltd
TO:TVE |
Oil & Gas E&P | 0.01% |
|
Vermilion Energy Inc.
TO:VET |
Oil & Gas E&P | 0.09% |
|
Meren Energy
ST:MER |
Oil & Gas E&P | 0.86% |
Annual Asset Resilience Ratio for Advantage Oil & Gas Ltd. (2009–2024)
The table below shows the annual Asset Resilience Ratio data for Advantage Oil & Gas Ltd..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.68% | CA$20.15 Million ≈ $14.57 Million |
CA$2.95 Billion ≈ $2.13 Billion |
-0.15pp |
| 2023-12-31 | 0.84% | CA$19.26 Million ≈ $13.93 Million |
CA$2.30 Billion ≈ $1.66 Billion |
-1.37pp |
| 2022-12-31 | 2.21% | CA$48.94 Million ≈ $35.40 Million |
CA$2.22 Billion ≈ $1.60 Billion |
+0.94pp |
| 2021-12-31 | 1.27% | CA$25.24 Million ≈ $18.26 Million |
CA$1.99 Billion ≈ $1.44 Billion |
+1.05pp |
| 2020-12-31 | 0.21% | CA$3.28 Million ≈ $2.37 Million |
CA$1.53 Billion ≈ $1.11 Billion |
-0.51pp |
| 2019-12-31 | 0.72% | CA$13.10 Million ≈ $9.48 Million |
CA$1.82 Billion ≈ $1.32 Billion |
-1.31pp |
| 2018-12-31 | 2.03% | CA$35.95 Million ≈ $26.01 Million |
CA$1.77 Billion ≈ $1.28 Billion |
-0.34pp |
| 2017-12-31 | 2.37% | CA$40.01 Million ≈ $28.94 Million |
CA$1.69 Billion ≈ $1.22 Billion |
+2.32pp |
| 2016-12-31 | 0.05% | CA$730.00K ≈ $528.07K |
CA$1.50 Billion ≈ $1.08 Billion |
-2.39pp |
| 2015-12-31 | 2.44% | CA$37.01 Million ≈ $26.77 Million |
CA$1.52 Billion ≈ $1.10 Billion |
+1.07pp |
| 2010-12-31 | 1.37% | CA$25.16 Million ≈ $18.20 Million |
CA$1.84 Billion ≈ $1.33 Billion |
-0.23pp |
| 2009-12-31 | 1.60% | CA$30.83 Million ≈ $22.30 Million |
CA$1.93 Billion ≈ $1.39 Billion |
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About Advantage Oil & Gas Ltd.
Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. The company was formerly known as Advantage Oil & Gas Ltd. and changed its name to Advantage Energy Ltd. in May 2021. Advantage Energy Ltd. was founded in 2001 and is headquartered in… Read more