Tamarack Valley Energy Ltd Asset Resilience Ratio
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 of Tamarack Valley Energy Ltd (2008–2018)
Asset resilience ratio of Tamarack Valley Energy Ltd from 2008 to 2018. This chart shows how Tamarack Valley Energy Ltd's Asset Resilience Ratio has changed over time. See Tamarack Valley Energy Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
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 the complete balance sheet picture, see TVE total assets.
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 |
|---|---|---|
|
Aker BP ASA
OL:AKRBP |
Oil & Gas E&P | 7.04% |
|
Var Energi ASA
OL:VAR |
Oil & Gas E&P | 2.67% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
Range Resources Corp
NYSE:RRC |
Oil & Gas E&P | 0.00% |
|
MEG Energy Corp
TO:MEG |
Oil & Gas E&P | 0.00% |
|
Whitecap Resources Inc.
TO:WCP |
Oil & Gas E&P | 0.35% |
|
Northern Oil & Gas Inc
NYSE:NOG |
Oil & Gas E&P | 0.26% |
|
Vista Energy S.A.B. de C.V.
BA:VIST |
Oil & Gas E&P | 5.26% |
Tamarack Valley Energy Ltd Asset Resilience Ratio by Year (2008–2018)
Tamarack Valley Energy Ltd asset resilience ratio by year from 2008 to 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