CGX Energy Inc. Asset Resilience Ratio
CGX Energy Inc. asset resilience ratio. CGX Energy Inc. (OYL) has an Asset Resilience Ratio of 0.22% as of March 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. See operational self-sufficiency of CGX Energy Inc. to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of CGX Energy Inc. (2011–2012)
Asset resilience ratio of CGX Energy Inc. from 2011 to 2012. This chart shows how CGX Energy Inc.'s Asset Resilience Ratio has changed over time. Read CGX Energy Inc. (OYL) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down CGX Energy Inc.'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 how large is CGX Energy Inc.'s balance sheet.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$70.00K | 0.22% |
| Total Liquid Assets | CA$70.00K | 0.22% |
Asset Resilience Insights
- Limited Liquidity: CGX Energy Inc. maintains only 0.22% 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.
CGX Energy Inc. Industry Peers by Asset Resilience Ratio
Compare CGX Energy Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Diamondback Energy Inc
NASDAQ:FANG |
Oil & Gas E&P | 0.45% |
|
Tourmaline Oil Corp.
TO:TOU |
Oil & Gas E&P | 0.39% |
|
Var Energi ASA
OL:VAR |
Oil & Gas E&P | 2.67% |
|
ARC Resources Ltd.
TO:ARX |
Oil & Gas E&P | 6.70% |
|
California Resources Corp
NYSE:CRC |
Oil & Gas E&P | 59.90% |
|
International Petroleum Corp
TO:IPCO |
Oil & Gas E&P | 1.08% |
|
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% |
CGX Energy Inc. Asset Resilience Ratio by Year (2011–2012)
CGX Energy Inc. asset resilience ratio by year from 2011 to 2012. The table below shows the annual Asset Resilience Ratio data for CGX Energy Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2012-12-31 | 0.29% | CA$133.26K ≈ $96.40K |
CA$46.57 Million ≈ $33.69 Million |
-7.37pp |
| 2011-12-31 | 7.65% | CA$13.05 Million ≈ $9.44 Million |
CA$170.54 Million ≈ $123.36 Million |
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About CGX Energy Inc.
CGX Energy Inc., engages in the exploring petroleum and natural gas properties in Guyana, South America. It holds interests in a petroleum prospecting licenses and petroleum agreements for Corentyne block in Guyana. The company also constructs and develops the Berbice River Port project in Guyana. CGX Energy Inc. was founded in 1997 and is headquartered in Toronto, Canada.