Surge Energy Inc. - Asset Resilience Ratio
Surge Energy Inc. (SGY) has an Asset Resilience Ratio of 0.00% as of December 2021. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2021)
This chart shows how Surge Energy Inc.'s Asset Resilience Ratio has changed over time. Check SGY strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Surge 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 Surge Energy Inc..
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Surge Energy Inc. maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Surge Energy Inc. Industry Peers by Asset Resilience Ratio
Compare Surge Energy Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
Devon Energy Corporation
NYSE:DVN |
Oil & Gas E&P | 4.54% |
|
Ithaca Energy PLC
LSE:ITH |
Oil & Gas E&P | 0.13% |
|
APA Corporation
NASDAQ:APA |
Oil & Gas E&P | 0.00% |
|
Gulfport Energy Operating Corp
NYSE:GPOR |
Oil & Gas E&P | 1.49% |
|
International Petroleum Corp
TO:IPCO |
Oil & Gas E&P | 1.08% |
|
Talos Energy
NYSE:TALO |
Oil & Gas E&P | 0.05% |
|
Spartan Delta Corp
TO:SDE |
Oil & Gas E&P | 0.03% |
Annual Asset Resilience Ratio for Surge Energy Inc. (2008–2021)
The table below shows the annual Asset Resilience Ratio data for Surge Energy Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$1.28 Billion ≈ $922.64 Million |
-- |
| 2020-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$707.96 Million ≈ $512.13 Million |
-- |
| 2018-12-31 | 0.32% | CA$4.94 Million ≈ $3.57 Million |
CA$1.57 Billion ≈ $1.13 Billion |
+0.21pp |
| 2017-12-31 | 0.11% | CA$1.35 Million ≈ $976.57K |
CA$1.23 Billion ≈ $891.28 Million |
-- |
| 2016-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$1.12 Billion ≈ $806.76 Million |
-- |
| 2015-12-31 | 0.13% | CA$1.51 Million ≈ $1.09 Million |
CA$1.15 Billion ≈ $828.48 Million |
-2.04pp |
| 2014-12-31 | 2.17% | CA$43.13 Million ≈ $31.20 Million |
CA$1.99 Billion ≈ $1.44 Billion |
+1.43pp |
| 2008-12-31 | 0.74% | CA$1.00 Million ≈ $724.13K |
CA$135.41 Million ≈ $97.95 Million |
-- |
About Surge Energy Inc.
Surge Energy Inc. engages in the exploration, development, and production of oil and gas properties in Western Canada. It holds interests in the oil and natural gas producing properties located in Sparky Alberta and Southeast Saskatchewan, as well as in Greater Sawn and Nevis, and Manitoba properties. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy… Read more