Pieridae Energy Ltd Asset Resilience Ratio
Pieridae Energy Ltd asset resilience ratio. Pieridae Energy Ltd (PEA) has an Asset Resilience Ratio of 2.51% as of June 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 Pieridae Energy Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Pieridae Energy Ltd (2005–2022)
Asset resilience ratio of Pieridae Energy Ltd from 2005 to 2022. This chart shows how Pieridae Energy Ltd's Asset Resilience Ratio has changed over time. Read Pieridae Energy Ltd (PEA) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Pieridae Energy 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 Pieridae Energy Ltd total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$14.44 Million | 2.51% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$14.44 Million | 2.51% |
Asset Resilience Insights
- Limited Liquidity: Pieridae Energy Ltd maintains only 2.51% 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.
Pieridae Energy Ltd Industry Peers by Asset Resilience Ratio
Compare Pieridae Energy 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% |
Pieridae Energy Ltd Asset Resilience Ratio by Year (2005–2022)
Pieridae Energy Ltd asset resilience ratio by year from 2005 to 2022. The table below shows the annual Asset Resilience Ratio data for Pieridae Energy Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 3.62% | CA$22.27 Million ≈ $16.11 Million |
CA$615.48 Million ≈ $445.23 Million |
-0.59pp |
| 2021-12-31 | 4.21% | CA$26.22 Million ≈ $18.96 Million |
CA$622.54 Million ≈ $450.34 Million |
+2.40pp |
| 2020-12-31 | 1.81% | CA$11.07 Million ≈ $8.01 Million |
CA$612.65 Million ≈ $443.18 Million |
+0.22pp |
| 2019-12-31 | 1.59% | CA$9.57 Million ≈ $6.92 Million |
CA$602.47 Million ≈ $435.82 Million |
-0.87pp |
| 2018-12-31 | 2.46% | CA$9.11 Million ≈ $6.59 Million |
CA$370.67 Million ≈ $268.14 Million |
-24.04pp |
| 2017-12-31 | 26.50% | CA$19.62 Million ≈ $14.19 Million |
CA$74.05 Million ≈ $53.56 Million |
+25.63pp |
| 2016-12-31 | 0.86% | CA$788.70K ≈ $570.53K |
CA$91.22 Million ≈ $65.99 Million |
-0.91pp |
| 2013-12-31 | 1.78% | CA$930.00K ≈ $672.75K |
CA$52.33 Million ≈ $37.85 Million |
-0.28pp |
| 2012-12-31 | 2.06% | CA$1.08 Million ≈ $781.26K |
CA$52.40 Million ≈ $37.91 Million |
-0.23pp |
| 2011-12-31 | 2.29% | CA$930.00K ≈ $672.75K |
CA$40.54 Million ≈ $29.32 Million |
-0.14pp |
| 2010-12-31 | 2.43% | CA$754.33K ≈ $545.67K |
CA$30.99 Million ≈ $22.42 Million |
+0.85pp |
| 2009-12-31 | 1.58% | CA$380.00K ≈ $274.89K |
CA$24.02 Million ≈ $17.38 Million |
-21.97pp |
| 2007-12-31 | 23.55% | CA$3.00 Million ≈ $2.17 Million |
CA$12.74 Million ≈ $9.21 Million |
+5.83pp |
| 2006-12-31 | 17.72% | CA$1.67 Million ≈ $1.21 Million |
CA$9.43 Million ≈ $6.82 Million |
-10.79pp |
| 2005-12-31 | 28.51% | CA$1.60 Million ≈ $1.16 Million |
CA$5.61 Million ≈ $4.06 Million |
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About Pieridae Energy Ltd
Pieridae Energy Limited operates as an integrated midstream and upstream energy company in Canada. It develops, produces, and processes natural gas, natural gas liquids, condensate, and sulphur. The company was formerly known as Pieridae Energy (Canada) Ltd and changed its name to Pieridae Energy Limited in October 2017. The company is based in Calgary, Canada.