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. Read PEA current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2005–2022)
This chart shows how Pieridae Energy Ltd's Asset Resilience Ratio has changed over time. See what is Pieridae Energy Ltd's book value for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see Pieridae Energy Ltd market capitalisation.
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 |
|---|---|---|
|
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 Pieridae Energy Ltd (2005–2022)
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.