Advantage Oil & Gas Ltd. - Asset Resilience Ratio

Latest as of September 2023: 1.80%

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. See working capital to net assets of Advantage Oil & Gas Ltd. to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$41.18 Million
≈ $29.79 Million USD Cash + Short-term Investments

Total Assets

CA$2.28 Billion
≈ $1.65 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2009–2024)

This chart shows how Advantage Oil & Gas Ltd.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Advantage Oil & Gas Ltd..

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. Explore AAV long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

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
Devon Energy Corporation
NYSE:DVN
Oil & Gas E&P 4.54%
Aker BP ASA
OL:AKRBP
Oil & Gas E&P 7.04%
PTT Exploration and Production Public Company Limited
F:NVAL
Oil & Gas E&P 0.35%
Var Energi ASA
OL:VAR
Oil & Gas E&P 2.67%
Black Stone Minerals LP
NYSE:BSM
Oil & Gas E&P 0.11%
Santos Ltd
AU:STO
Oil & Gas E&P 0.04%
Kelt Exploration Ltd.
TO:KEL
Oil & Gas E&P 0.08%
TotalEnergies EP Gabon S.A.
PA:EC
Oil & Gas E&P 0.57%

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
--
pp = percentage points

About Advantage Oil & Gas Ltd.

TO:AAV Canada Oil & Gas E&P
Market Cap
$1.23 Billion
CA$1.70 Billion CAD
Market Cap Rank
#8077 Global
#250 in Canada
Share Price
CA$10.16
Change (1 day)
-0.78%
52-Week Range
CA$9.45 - CA$12.69
All Time High
CA$12.69
About

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