Ngx Energy International Corp Asset Resilience Ratio

Latest as of December 2017: 0.41%

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

CA$402.02K
≈ $290.81K USD Cash + Short-term Investments

Total Assets

CA$98.60 Million
≈ $71.32 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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
--
pp = percentage points

About Ngx Energy International Corp

V:GASX Canada Oil & Gas E&P
Market Cap
$351.42 Million
CA$485.80 Million CAD
Market Cap Rank
#13890 Global
#414 in Canada
Share Price
CA$1.80
Change (1 day)
+4.05%
52-Week Range
CA$0.84 - CA$1.85
All Time High
CA$2.31
About

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