Prairie Provident Resources Inc - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Prairie Provident Resources Inc
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