Touchstone Exploration Inc - Asset Resilience Ratio
Touchstone Exploration Inc (TXP) has an Asset Resilience Ratio of 4.19% as of June 2020. 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 strategic asset allocation of Touchstone Exploration Inc to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2016)
This chart shows how Touchstone Exploration Inc's Asset Resilience Ratio has changed over time. See Touchstone Exploration Inc (TXP) balance sheet quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Touchstone Exploration Inc'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 Touchstone Exploration Inc (TXP) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$2.81 Million | 4.19% |
| Total Liquid Assets | CA$2.81 Million | 4.19% |
Asset Resilience Insights
- Limited Liquidity: Touchstone Exploration Inc maintains only 4.19% 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.
Touchstone Exploration Inc Industry Peers by Asset Resilience Ratio
Compare Touchstone Exploration Inc'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 Touchstone Exploration Inc (2012–2016)
The table below shows the annual Asset Resilience Ratio data for Touchstone Exploration Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2016-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$66.43 Million ≈ $48.05 Million |
-- |
| 2014-12-31 | 0.21% | CA$249.81K ≈ $180.71K |
CA$120.89 Million ≈ $87.45 Million |
-21.06pp |
| 2013-12-31 | 21.26% | CA$19.34 Million ≈ $13.99 Million |
CA$90.95 Million ≈ $65.79 Million |
+15.89pp |
| 2012-12-31 | 5.38% | CA$8.96 Million ≈ $6.48 Million |
CA$166.66 Million ≈ $120.56 Million |
-- |
About Touchstone Exploration Inc
Touchstone Exploration Inc. engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company also operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Governme… Read more