Advantage Oil & Gas Ltd. Asset Resilience Ratio
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. See AAV cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Advantage Oil & Gas Ltd. (2009–2024)
Asset resilience ratio of Advantage Oil & Gas Ltd. from 2009 to 2024. This chart shows how Advantage Oil & Gas Ltd.'s Asset Resilience Ratio has changed over time. Read Advantage Oil & Gas Ltd. (AAV) financial obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see how large is Advantage Oil & Gas Ltd.'s balance sheet.
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 |
|---|---|---|
|
Diamondback Energy Inc
NASDAQ:FANG |
Oil & Gas E&P | 0.45% |
|
Tourmaline Oil Corp.
TO:TOU |
Oil & Gas E&P | 0.39% |
|
Var Energi ASA
OL:VAR |
Oil & Gas E&P | 2.67% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
California Resources Corp
NYSE:CRC |
Oil & Gas E&P | 59.90% |
|
International Petroleum Corp
TO:IPCO |
Oil & Gas E&P | 1.08% |
|
Vista Energy S.A.B. de C.V.
BA:VIST |
Oil & Gas E&P | 5.26% |
|
Northern Oil & Gas Inc
NYSE:NOG |
Oil & Gas E&P | 0.26% |
Advantage Oil & Gas Ltd. Asset Resilience Ratio by Year (2009–2024)
Advantage Oil & Gas Ltd. asset resilience ratio by year from 2009 to 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