Desert Mountain Energy Corp - Asset Resilience Ratio

Latest as of December 2023: 11.93%

Desert Mountain Energy Corp (DME) has an Asset Resilience Ratio of 11.93% as of December 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 Desert Mountain Energy Corp (DME) strategic asset index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$7.00 Million
≈ $5.06 Million USD Cash + Short-term Investments

Total Assets

CA$58.67 Million
≈ $42.44 Million USD All company assets

Resilience Assessment

Moderate
Financial Resilience Level

Asset Resilience Ratio Trend (2010–2023)

This chart shows how Desert Mountain Energy Corp's Asset Resilience Ratio has changed over time. See how leveraged is Desert Mountain Energy Corp's balance sheet to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Desert Mountain Energy 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 DME stock market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$7.00 Million 11.93%
Total Liquid Assets CA$7.00 Million 11.93%

Asset Resilience Insights

  • Moderate Liquidity: Desert Mountain Energy Corp has 11.93% of assets in liquid form.
  • While adequate for normal operations, this level may limit flexibility during economic stress.
  • The company has significant short-term investments, indicating active treasury management.

Desert Mountain Energy Corp Industry Peers by Asset Resilience Ratio

Compare Desert Mountain Energy 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 Desert Mountain Energy Corp (2010–2023)

The table below shows the annual Asset Resilience Ratio data for Desert Mountain Energy Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-09-30 16.82% CA$10.00 Million
≈ $7.23 Million
CA$59.45 Million
≈ $43.00 Million
+16.09pp
2022-09-30 0.73% CA$291.38K
≈ $210.78K
CA$40.02 Million
≈ $28.95 Million
+0.13pp
2021-09-30 0.59% CA$204.75K
≈ $148.11K
CA$34.52 Million
≈ $24.97 Million
-3.24pp
2020-09-30 3.84% CA$519.75K
≈ $375.98K
CA$13.55 Million
≈ $9.80 Million
-38.21pp
2019-09-30 42.04% CA$950.23K
≈ $687.38K
CA$2.26 Million
≈ $1.63 Million
-11.48pp
2018-09-30 53.52% CA$731.00K
≈ $528.79K
CA$1.37 Million
≈ $988.04K
+52.63pp
2013-09-30 0.89% CA$35.46K
≈ $25.65K
CA$3.99 Million
≈ $2.89 Million
-6.17pp
2012-09-30 7.06% CA$295.89K
≈ $214.04K
CA$4.19 Million
≈ $3.03 Million
+4.52pp
2011-09-30 2.54% CA$201.50K
≈ $145.76K
CA$7.93 Million
≈ $5.74 Million
-1.38pp
2010-09-30 3.92% CA$200.56K
≈ $145.08K
CA$5.11 Million
≈ $3.70 Million
--
pp = percentage points

About Desert Mountain Energy Corp

V:DME Canada Oil & Gas E&P
Market Cap
$20.25 Million
CA$28.00 Million CAD
Market Cap Rank
#25102 Global
#975 in Canada
Share Price
CA$0.27
Change (1 day)
+5.88%
52-Week Range
CA$0.17 - CA$0.60
All Time High
CA$4.89
About

Desert Mountain Energy Corp. engages in the acquisition, exploration, and development of oil and gas, helium, natural gas, hydrogen, and mineral properties in the Southwestern United States. It holds interest in the Holbrook Basin helium project located in the Northern Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp. in April… Read more