Prairie Provident Resources Inc - Asset Resilience Ratio

Latest as of June 2024: -3.85%

Prairie Provident Resources Inc (PPR) has an Asset Resilience Ratio of -3.85% as of June 2024. 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 Prairie Provident Resources Inc (PPR) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CA$-4.24 Million
≈ $-3.06 Million USD Cash + Short-term Investments

Total Assets

CA$109.92 Million
≈ $79.52 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2023)

This chart shows how Prairie Provident Resources Inc's Asset Resilience Ratio has changed over time. See Prairie Provident Resources Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Liquid Assets Composition Over Time

This chart breaks down Prairie Provident Resources Inc'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 PPR current and non-current assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$-4.24 Million -3.85%
Total Liquid Assets CA$-4.24 Million -3.85%

Asset Resilience Insights

  • Limited Liquidity: Prairie Provident Resources Inc maintains only -3.85% 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.

Prairie Provident Resources Inc Industry Peers by Asset Resilience Ratio

Compare Prairie Provident Resources Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Canadian Natural Resources Ltd
TO:CNQ
Oil & Gas E&P 0.13%
Diamondback Energy Inc
NASDAQ:FANG
Oil & Gas E&P 0.45%
Ovintiv Inc
NYSE:OVV
Oil & Gas E&P 1.37%
APA Corporation
NASDAQ:APA
Oil & Gas E&P 0.00%
Vista Energy S.A.B. de C.V.
BA:VIST
Oil & Gas E&P 5.26%
Talos Energy
NYSE:TALO
Oil & Gas E&P 0.05%
Peyto Exploration&Development Corp
TO:PEY
Oil & Gas E&P 1.27%
NuVista Energy Ltd.
TO:NVA
Oil & Gas E&P 0.07%

Annual Asset Resilience Ratio for Prairie Provident Resources Inc (2016–2023)

The table below shows the annual Asset Resilience Ratio data for Prairie Provident Resources Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 -2.53% CA$-4.24 Million
≈ $-3.06 Million
CA$167.33 Million
≈ $121.05 Million
-4.79pp
2018-12-31 2.26% CA$7.63 Million
≈ $5.52 Million
CA$337.73 Million
≈ $244.31 Million
+0.57pp
2017-12-31 1.69% CA$4.46 Million
≈ $3.23 Million
CA$263.51 Million
≈ $190.62 Million
-1.51pp
2016-12-31 3.20% CA$7.93 Million
≈ $5.73 Million
CA$247.84 Million
≈ $179.28 Million
--
pp = percentage points

About Prairie Provident Resources Inc

TO:PPR Canada Oil & Gas E&P
Market Cap
$10.48 Million
CA$14.49 Million CAD
Market Cap Rank
#26952 Global
#1115 in Canada
Share Price
CA$0.31
Change (1 day)
+0.00%
52-Week Range
CA$0.02 - CA$1.02
All Time High
CA$1.20
About

Prairie Provident Resources Inc. engages in the exploration, development, and production of oil and natural gas properties in Canada. Its principal properties comprise its 78%-owned Michichi Area covering an area of 188,028 gross acres located northeast of Calgary in southeastern Alberta; and its 90%-owned Princess Area covering an area of 18,612 gross acres located northwest of Medicine Hat in s… Read more