Desert Mountain Energy Corp - Asset Resilience Ratio
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. See DME current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2010–2023)
This chart shows how Desert Mountain Energy Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Desert Mountain Energy Corp asset portfolio.
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. Explore long-term investment intensity of Desert Mountain Energy Corp to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Coterra Energy Inc
NYSE:CTRA |
Oil & Gas E&P | 1.20% |
|
Tourmaline Oil Corp.
TO:TOU |
Oil & Gas E&P | 0.39% |
|
Whitecap Resources Inc.
TO:WCP |
Oil & Gas E&P | 0.35% |
|
Var Energi ASA
OL:VAR |
Oil & Gas E&P | 2.67% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
Comstock Resources Inc
NYSE:CRK |
Oil & Gas E&P | 0.34% |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2 |
Oil & Gas E&P | 0.09% |
|
Northern Oil & Gas Inc
NYSE:NOG |
Oil & Gas E&P | 0.26% |
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 |
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About Desert Mountain Energy Corp
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