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.

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. Compare with other companies' asset resilience ratios.

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.

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
North European Oil Royalty Trust
NYSE:NRT
Oil & Gas E&P 100.00%
EOG Resources Inc
NYSE:EOG
Oil & Gas E&P 6.76%
Woodside Energy Group Ltd
AU:WDS
Oil & Gas E&P 15.05%
MEG Energy Corp
TO:MEG
Oil & Gas E&P 0.00%
California Resources Corp
NYSE:CRC
Oil & Gas E&P 59.90%
Peyto Exploration&Development Corp
TO:PEY
Oil & Gas E&P 1.27%
Parex Resources Inc
TO:PXT
Oil & Gas E&P 3.10%
Oriental Energy Co Ltd
SHE:002221
Oil & Gas E&P -3.13%

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
$16.75 Billion
CA$23.15 Billion CAD
Market Cap Rank
#1483 Global
#54 in Canada
Share Price
CA$59.83
Change (1 day)
-1.03%
52-Week Range
CA$56.85 - CA$69.52
All Time High
CA$70.65
About

Tourmaline Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canad… Read more