Tourmaline Oil Corp. - Asset Resilience Ratio

Latest as of September 2023: 0.39%

Tourmaline Oil Corp. (TOU) has an Asset Resilience Ratio of 0.39% as of September 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. Check asset allocation strategy of Tourmaline Oil Corp. to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$70.02 Million

≈ $50.65 Million USD Cash + Short-term Investments

Total Assets

CA$17.79 Billion

≈ $12.87 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2009–2021)

This chart shows how Tourmaline Oil Corp.'s Asset Resilience Ratio has changed over time. See TOU net asset quality score to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Tourmaline Oil Corp.'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 TOU market cap.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CA$70.02 Million	0.39%
Short-term Investments	CA$0.00	0%
Total Liquid Assets	CA$70.02 Million	0.39%

Asset Resilience Insights

Limited Liquidity: Tourmaline Oil Corp. maintains only 0.39% 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.

Tourmaline Oil Corp. Industry Peers by Asset Resilience Ratio

Compare Tourmaline Oil Corp.'s asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Woodside Energy Group Ltd NYSE:WDS	Oil & Gas E&P	8.93%
Aker BP ASA OL:AKRBP	Oil & Gas E&P	7.04%
Santos Ltd AU:STO	Oil & Gas E&P	0.04%
ARC Resources Ltd. TO:ARX	Oil & Gas E&P	6.70%
Tamarack Valley Energy Ltd TO:TVE	Oil & Gas E&P	0.01%
Vista Energy S.A.B. de C.V. BA:VIST	Oil & Gas E&P	4.90%
Spartan Delta Corp TO:SDE	Oil & Gas E&P	0.03%
Beach Energy Ltd AU:BPT	Oil & Gas E&P	0.03%

Annual Asset Resilience Ratio for Tourmaline Oil Corp. (2009–2021)

The table below shows the annual Asset Resilience Ratio data for Tourmaline Oil Corp..

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2021-12-31	0.00%	CA$0.00 ≈ $0.00	CA$16.16 Billion ≈ $11.69 Billion	--
2020-12-31	1.60%	CA$220.17 Million ≈ $159.27 Million	CA$13.73 Billion ≈ $9.93 Billion	+1.50pp
2019-12-31	0.10%	CA$12.13 Million ≈ $8.77 Million	CA$11.61 Billion ≈ $8.40 Billion	-0.22pp
2018-12-31	0.33%	CA$35.29 Million ≈ $25.53 Million	CA$10.73 Billion ≈ $7.76 Billion	+0.16pp
2017-12-31	0.17%	CA$17.34 Million ≈ $12.54 Million	CA$10.18 Billion ≈ $7.37 Billion	+0.16pp
2016-12-31	0.01%	CA$895.00K ≈ $647.43K	CA$9.36 Billion ≈ $6.77 Billion	-0.51pp
2015-12-31	0.52%	CA$39.68 Million ≈ $28.70 Million	CA$7.64 Billion ≈ $5.53 Billion	0.00pp
2014-12-31	0.52%	CA$35.57 Million ≈ $25.73 Million	CA$6.81 Billion ≈ $4.92 Billion	+0.52pp
2013-12-31	0.00%	CA$166.00K ≈ $120.08K	CA$4.85 Billion ≈ $3.51 Billion	-0.13pp
2012-12-31	0.13%	CA$4.81 Million ≈ $3.48 Million	CA$3.68 Billion ≈ $2.66 Billion	+0.12pp
2011-12-31	0.01%	CA$276.00K ≈ $199.65K	CA$2.77 Billion ≈ $2.00 Billion	-0.80pp
2010-12-31	0.81%	CA$14.41 Million ≈ $10.43 Million	CA$1.79 Billion ≈ $1.29 Billion	+0.77pp
2009-12-31	0.03%	CA$324.00K ≈ $234.38K	CA$1.00 Billion ≈ $726.19 Million	--

pp = percentage points

About Tourmaline Oil Corp.

TO:TOU Canada Oil & Gas E&P

Market Cap

$17.08 Billion

CA$23.61 Billion CAD

Market Cap Rank

#1487 Global

#53 in Canada

Share Price

CA$60.79

Change (1 day)

-0.77%

52-Week Range

CA$56.85 - CA$69.52

All Time High

CA$70.65