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