Journey Energy Inc - Asset Resilience Ratio

Latest as of September 2020: 0.19%

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. Read JOY current and long-term liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CA$557.00K
≈ $402.93K USD Cash + Short-term Investments

Total Assets

CA$292.65 Million
≈ $211.70 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2020)

This chart shows how Journey Energy Inc's Asset Resilience Ratio has changed over time. See Journey Energy Inc net assets for net asset value and shareholders' equity analysis.

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 market cap of Journey Energy Inc.

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
Santos Ltd
AU:STO
Oil & Gas E&P 0.21%
Ovintiv Inc
NYSE:OVV
Oil & Gas E&P 0.13%
APA Corporation
NASDAQ:APA
Oil & Gas E&P 0.00%
Strathcona Resources Ltd.
TO:SCR
Oil & Gas E&P 11.66%
Comstock Resources Inc
NYSE:CRK
Oil & Gas E&P 0.34%
Tamarack Valley Energy Ltd
TO:TVE
Oil & Gas E&P 0.01%
Vermilion Energy Inc.
TO:VET
Oil & Gas E&P 0.09%
Meren Energy
ST:MER
Oil & Gas E&P 0.86%

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
--
pp = percentage points

About Journey Energy Inc

TO:JOY Canada Oil & Gas E&P
Market Cap
$275.73 Million
CA$381.17 Million CAD
Market Cap Rank
#15547 Global
#469 in Canada
Share Price
CA$5.68
Change (1 day)
-1.56%
52-Week Range
CA$1.34 - CA$6.00
All Time High
CA$7.71
About

Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company develops and operates power generation properties. It also sells condensates and natural gas liquids ("NGLs"). The company was formerly known as Sword Energy Inc. and changed its name to Journey Energy Inc. in July 2012. Journey Energy Inc. was i… Read more