Tenaz Energy Corp.
Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas properties in Canada and the Netherlands. It engages in the semi-conventional and conventional development of oil reservoirs; and operation of non-operated offshore natural gas assets. The company was formerly known as Altura Energy Inc. and changed its name to Tenaz Energy Corp. Tenaz Energy Corp. wa… Read more
Tenaz Energy Corp. - Asset Resilience Ratio
Tenaz Energy Corp. (TNZ) has an Asset Resilience Ratio of 5.81% as of September 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2011–2023)
This chart shows how Tenaz Energy Corp.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Tenaz Energy Corp.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$14.79 Million | 5.81% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$14.79 Million | 5.81% |
Asset Resilience Insights
- Limited Liquidity: Tenaz Energy Corp. maintains only 5.81% 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.
Tenaz Energy Corp. Industry Peers by Asset Resilience Ratio
Compare Tenaz Energy Corp.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF |
Oil & Gas E&P | 0.18% |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968 |
Oil & Gas E&P | 0.01% |
|
Oriental Energy Co Ltd
SHE:002221 |
Oil & Gas E&P | -3.13% |
|
P/F Atlantic Petroleum
CO:ATLA-DKK |
Oil & Gas E&P | 1.46% |
|
Hibiscus Petroleum BHD
KLSE:5199 |
Oil & Gas E&P | -5.94% |
|
Reach Energy Bhd
KLSE:5256 |
Oil & Gas E&P | 0.15% |
|
Geo-Jade Petroleum Corp
SHG:600759 |
Oil & Gas E&P | 0.01% |
|
Shandong Xinchao Energy Co Ltd
SHG:600777 |
Oil & Gas E&P | 8.49% |
Annual Asset Resilience Ratio for Tenaz Energy Corp. (2011–2023)
The table below shows the annual Asset Resilience Ratio data for Tenaz Energy Corp..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 21.07% | CA$50.30 Million | CA$238.72 Million | +20.17pp |
| 2022-12-31 | 0.90% | CA$1.83 Million | CA$203.90 Million | -32.88pp |
| 2021-12-31 | 33.78% | CA$25.47 Million | CA$75.40 Million | -- |
| 2020-12-31 | 0.00% | CA$0.00 | CA$34.44 Million | -- |
| 2019-12-31 | 0.26% | CA$142.00K | CA$55.05 Million | -- |
| 2017-12-31 | 0.00% | CA$0.00 | CA$50.81 Million | -- |
| 2016-12-31 | 18.86% | CA$8.66 Million | CA$45.91 Million | +18.28pp |
| 2015-12-31 | 0.58% | CA$237.61K | CA$40.95 Million | -1.10pp |
| 2014-12-31 | 1.68% | CA$332.65K | CA$19.81 Million | -3.68pp |
| 2013-12-31 | 5.36% | CA$845.88K | CA$15.78 Million | -3.41pp |
| 2012-12-31 | 8.77% | CA$1.28 Million | CA$14.63 Million | -1.14pp |
| 2011-12-31 | 9.91% | CA$1.02 Million | CA$10.32 Million | -- |