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. Check GASX strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2018)
This chart shows how Ngx Energy International Corp's Asset Resilience Ratio has changed over time. See how leveraged is Ngx Energy International Corp's balance sheet to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see Ngx Energy International Corp (GASX) total market value.
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 |
|---|---|---|
|
Shandong Xinchao Energy Co Ltd
SHG:600777 |
Oil & Gas E&P | 7.27% |
|
DELEK GP SP.ADR/1/01/O.N
F:6D40 |
Oil & Gas E&P | 0.29% |
|
Paramount Resources Ltd.
TO:POU |
Oil & Gas E&P | 8.31% |
|
Delek Group
TA:DLEKG |
Oil & Gas E&P | 0.02% |
|
BKV Corporation
NYSE:BKV |
Oil & Gas E&P | 2.87% |
|
Tamarack Valley Energy Ltd
TO:TVE |
Oil & Gas E&P | 0.01% |
|
Spartan Delta Corp
TO:SDE |
Oil & Gas E&P | 0.03% |
|
Geo-Jade Petroleum Corp
SHG:600759 |
Oil & Gas E&P | 0.07% |
Annual Asset Resilience Ratio for Ngx Energy International Corp (2008–2018)
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