Tamarack Valley Energy Ltd - Asset Resilience Ratio
Tamarack Valley Energy Ltd (TVE) has an Asset Resilience Ratio of 0.01% 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. Read TVE total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2018)
This chart shows how Tamarack Valley Energy Ltd's Asset Resilience Ratio has changed over time. See TVE net asset value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Tamarack Valley Energy Ltd'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 TVE market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$246.00K | 0.01% |
| Total Liquid Assets | CA$246.00K | 0.01% |
Asset Resilience Insights
- Limited Liquidity: Tamarack Valley Energy Ltd maintains only 0.01% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Tamarack Valley Energy Ltd Industry Peers by Asset Resilience Ratio
Compare Tamarack Valley Energy Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Santos Ltd
AU:STO |
Oil & Gas E&P | 0.21% |
|
Ovintiv Inc
NYSE:OVV |
Oil & Gas E&P | 0.13% |
|
APA Corporation
NASDAQ:APA |
Oil & Gas E&P | 0.00% |
|
Strathcona Resources Ltd.
TO:SCR |
Oil & Gas E&P | 11.66% |
|
Comstock Resources Inc
NYSE:CRK |
Oil & Gas E&P | 0.34% |
|
Vermilion Energy Inc.
TO:VET |
Oil & Gas E&P | 0.09% |
|
Meren Energy
ST:MER |
Oil & Gas E&P | 0.86% |
|
Beach Energy Ltd
AU:BPT |
Oil & Gas E&P | 0.03% |
Annual Asset Resilience Ratio for Tamarack Valley Energy Ltd (2008–2018)
The table below shows the annual Asset Resilience Ratio data for Tamarack Valley Energy Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 1.62% | CA$20.52 Million ≈ $14.84 Million |
CA$1.26 Billion ≈ $914.40 Million |
+1.46pp |
| 2017-12-31 | 0.16% | CA$1.94 Million ≈ $1.40 Million |
CA$1.21 Billion ≈ $873.71 Million |
-2.11pp |
| 2015-12-31 | 2.27% | CA$12.47 Million ≈ $9.02 Million |
CA$549.07 Million ≈ $397.19 Million |
-5.49pp |
| 2008-12-31 | 7.76% | CA$2.99 Million ≈ $2.16 Million |
CA$38.56 Million ≈ $27.89 Million |
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About Tamarack Valley Energy Ltd
Tamarack Valley Energy Ltd. engages in the exploration, development, production, and sale of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Clearwater and Charlie Lake assets located in the province of Alberta, Canada. The company was formerly known as Tango Energy Inc. and changed its name to Tamarack Valley Energy … Read more