Ngx Energy International Corp Asset Resilience Ratio
Ngx Energy International Corp asset resilience ratio. Ngx Energy International Corp (GASX) has an Asset Resilience Ratio of 0.41% as of December 2017. 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 Ngx Energy International Corp total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Ngx Energy International Corp (2008–2018)
Asset resilience ratio of Ngx Energy International Corp from 2008 to 2018. This chart shows how Ngx Energy International Corp's Asset Resilience Ratio has changed over time. See GASX cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Ngx Energy International Corp'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 Ngx Energy International Corp asset portfolio.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$402.02K | 0.41% |
| Total Liquid Assets | CA$402.02K | 0.41% |
Asset Resilience Insights
- Limited Liquidity: Ngx Energy International Corp maintains only 0.41% 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.
Ngx Energy International Corp Industry Peers by Asset Resilience Ratio
Compare Ngx Energy International Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Canadian Natural Resources Ltd
TO:CNQ |
Oil & Gas E&P | 0.13% |
|
Diamondback Energy Inc
NASDAQ:FANG |
Oil & Gas E&P | 0.45% |
|
Aker BP ASA
OL:AKRBP |
Oil & Gas E&P | 7.04% |
|
Petro Rio S.A.
SA:PRIO3 |
Oil & Gas E&P | 0.10% |
|
Vista Energy S.A.B. de C.V.
BA:VIST |
Oil & Gas E&P | 5.26% |
|
Northern Oil & Gas Inc
NYSE:NOG |
Oil & Gas E&P | 0.26% |
|
BW Energy Ltd
OL:BWE |
Oil & Gas E&P | 6.06% |
|
Kimbell Royalty Partners LP
NYSE:KRP |
Oil & Gas E&P | 3.58% |
Ngx Energy International Corp Asset Resilience Ratio by Year (2008–2018)
Ngx Energy International Corp asset resilience ratio by year from 2008 to 2018. The table below shows the annual Asset Resilience Ratio data for Ngx Energy International Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 0.00% | CA$0.00 ≈ $0.00 |
CA$29.98 Million ≈ $21.69 Million |
-- |
| 2017-12-31 | 0.41% | CA$402.02K ≈ $290.81K |
CA$98.60 Million ≈ $71.32 Million |
-1.89pp |
| 2014-12-31 | 2.30% | CA$2.49 Million ≈ $1.80 Million |
CA$108.31 Million ≈ $78.35 Million |
-4.87pp |
| 2013-12-31 | 7.17% | CA$11.28 Million ≈ $8.16 Million |
CA$157.23 Million ≈ $113.74 Million |
-2.95pp |
| 2012-12-31 | 10.12% | CA$17.77 Million ≈ $12.86 Million |
CA$175.55 Million ≈ $126.99 Million |
-10.11pp |
| 2011-12-31 | 20.23% | CA$31.16 Million ≈ $22.54 Million |
CA$154.04 Million ≈ $111.43 Million |
-53.24pp |
| 2009-12-31 | 73.47% | CA$3.82 Million ≈ $2.76 Million |
CA$5.20 Million ≈ $3.76 Million |
-17.46pp |
| 2008-12-31 | 90.93% | CA$3.86 Million ≈ $2.79 Million |
CA$4.25 Million ≈ $3.07 Million |
-- |
About Ngx Energy International Corp
NG Energy International Corp. engages in the acquisition, exploration, development, and exploitation of oil and natural gas assets in Colombia. It holds working interests in the Sinú-9 block, which covers an area of approximately 311,353 acres; the Maria Conchita block, covering an area of approximately 32,518 acres; and the Tiburon block that covers an area of approximately 245,850 acres. The co… Read more