Africa Oil Corp - Asset Resilience Ratio

Latest as of September 2023: 19.29%

Africa Oil Corp (AOI) has an Asset Resilience Ratio of 19.29% 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 AOI net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CA$201.20 Million

≈ $145.55 Million USD Cash + Short-term Investments

Total Assets

CA$1.04 Billion

≈ $754.56 Million USD All company assets

Resilience Assessment

Good

Financial Resilience Level

Asset Resilience Ratio Trend (2011–2022)

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

Liquid Assets Composition Over Time

This chart breaks down Africa Oil Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore AOI long-term investments to assets 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$201.20 Million	19.29%
Short-term Investments	CA$0.00	0%
Total Liquid Assets	CA$201.20 Million	19.29%

Asset Resilience Insights

Good Liquidity Position: Africa Oil Corp maintains a healthy 19.29% of assets in liquid form.
This level provides good financial flexibility while maintaining productive asset deployment.
The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Africa Oil Corp Industry Peers by Asset Resilience Ratio

Compare Africa Oil Corp'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 Africa Oil Corp (2011–2022)

The table below shows the annual Asset Resilience Ratio data for Africa Oil Corp.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2022-12-31	21.72%	CA$199.30 Million ≈ $144.17 Million	CA$917.70 Million ≈ $663.85 Million	+15.82pp
2021-12-31	5.90%	CA$58.51 Million ≈ $42.33 Million	CA$991.62 Million ≈ $717.32 Million	+1.65pp
2020-12-31	4.25%	CA$38.74 Million ≈ $28.02 Million	CA$910.50 Million ≈ $658.64 Million	-36.30pp
2019-12-31	40.56%	CA$329.46 Million ≈ $238.33 Million	CA$812.30 Million ≈ $587.61 Million	+1.74pp
2018-12-31	38.82%	CA$370.34 Million ≈ $267.90 Million	CA$953.91 Million ≈ $690.04 Million	-0.16pp
2017-12-31	38.98%	CA$392.29 Million ≈ $283.78 Million	CA$1.01 Billion ≈ $727.95 Million	-7.00pp
2016-12-31	45.99%	CA$463.06 Million ≈ $334.97 Million	CA$1.01 Billion ≈ $728.41 Million	+45.13pp
2011-12-31	0.86%	CA$2.61 Million ≈ $1.88 Million	CA$304.11 Million ≈ $219.99 Million	--

pp = percentage points

About Africa Oil Corp

TO:AOI Canada Oil & Gas E&P

Market Cap

$820.85 Million

CA$1.13 Billion CAD

Market Cap Rank

#9879 Global

#297 in Canada

Share Price

CA$1.68

Change (1 day)

+0.00%

52-Week Range

CA$1.68 - CA$1.68

All Time High

CA$3.24