Journey Energy Inc - Asset Resilience Ratio
Journey Energy Inc (JOY) has an Asset Resilience Ratio of 0.19% as of September 2020. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2020)
This chart shows how Journey Energy Inc's Asset Resilience Ratio has changed over time. Check Journey Energy Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Journey Energy Inc'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 Journey Energy Inc (JOY) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$557.00K | 0.19% |
| Total Liquid Assets | CA$557.00K | 0.19% |
Asset Resilience Insights
- Limited Liquidity: Journey Energy Inc maintains only 0.19% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Journey Energy Inc Industry Peers by Asset Resilience Ratio
Compare Journey Energy Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Whitecap Resources Inc.
TO:WCP |
Oil & Gas E&P | 0.35% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
Var Energi ASA
OL:VAR |
Oil & Gas E&P | 2.67% |
|
SM Energy Co
NYSE:SM |
Oil & Gas E&P | 3.98% |
|
Tamarack Valley Energy Ltd
TO:TVE |
Oil & Gas E&P | 0.01% |
|
Magnolia Oil & Gas Corp
NYSE:MGY |
Oil & Gas E&P | 9.59% |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2 |
Oil & Gas E&P | 0.09% |
|
Gulfport Energy Operating Corp
NYSE:GPOR |
Oil & Gas E&P | 1.49% |
Annual Asset Resilience Ratio for Journey Energy Inc (2015–2020)
The table below shows the annual Asset Resilience Ratio data for Journey Energy Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$287.67 Million ≈ $208.10 Million |
-- |
| 2019-12-31 | 0.03% | CA$113.00K ≈ $81.74K |
CA$344.99 Million ≈ $249.56 Million |
-0.29pp |
| 2018-12-31 | 0.32% | CA$1.23 Million ≈ $889.04K |
CA$380.72 Million ≈ $275.41 Million |
-0.23pp |
| 2017-12-31 | 0.55% | CA$2.31 Million ≈ $1.67 Million |
CA$416.98 Million ≈ $301.64 Million |
-- |
| 2016-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$484.02 Million ≈ $350.13 Million |
-- |
| 2015-12-31 | 0.89% | CA$4.02 Million ≈ $2.91 Million |
CA$452.12 Million ≈ $327.05 Million |
-- |
About Journey Energy Inc
Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in Canada. The company develops and operates power generation properties. It also sells condensates and natural gas liquids. The company was formerly known as Sword Energy Inc. and changed its name to Journey Energy Inc. in July 2012. Journey Energy Inc. was incorporated in 2007 and is headqua… Read more