Tenth Avenue Petroleum Corp

V:TPC Canada Oil & Gas E&P
Market Cap
$2.02 Million
CA$2.90 Million CAD
Market Cap Rank
#35961 Global
#390 in Canada
Share Price
CA$0.07
Change (1 day)
-7.14%
52-Week Range
CA$0.07 - CA$0.14
All Time High
CA$0.36
About

Tenth Avenue Petroleum Corp. engages in the exploration, development, and production of crude oil and natural gas properties in western Canada. The company was formerly known as Jadela Oil Corp. and changed its name to Tenth Avenue Petroleum Corp. in May 2015. Tenth Avenue Petroleum Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.

Tenth Avenue Petroleum Corp - Asset Resilience Ratio

Latest as of December 2021: 0.00%

Tenth Avenue Petroleum Corp (TPC) has an Asset Resilience Ratio of 0.00% as of December 2021. 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.

Liquid Assets
CA$0.00
Cash + Short-term Investments
Total Assets
CA$1.87 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2021)

This chart shows how Tenth Avenue Petroleum Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Tenth Avenue Petroleum Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$0.00 0%
Total Liquid Assets CA$0.00 0.00%

Asset Resilience Insights

  • Limited Liquidity: Tenth Avenue Petroleum Corp maintains only 0.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company maintains a balanced mix of cash and short-term investments.

Tenth Avenue Petroleum Corp Industry Peers by Asset Resilience Ratio

Compare Tenth Avenue Petroleum Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bounty Oil & Gas NL
PINK:BYOGF
Oil & Gas E&P 0.18%
Shanxi Blue Flame Holding Co Ltd
SHE:000968
Oil & Gas E&P 0.01%
Oriental Energy Co Ltd
SHE:002221
Oil & Gas E&P -3.13%
P/F Atlantic Petroleum
CO:ATLA-DKK
Oil & Gas E&P 1.46%
Hibiscus Petroleum BHD
KLSE:5199
Oil & Gas E&P -5.94%
Reach Energy Bhd
KLSE:5256
Oil & Gas E&P 0.15%
Geo-Jade Petroleum Corp
SHG:600759
Oil & Gas E&P 0.01%
Shandong Xinchao Energy Co Ltd
SHG:600777
Oil & Gas E&P 8.49%

Annual Asset Resilience Ratio for Tenth Avenue Petroleum Corp (2017–2021)

The table below shows the annual Asset Resilience Ratio data for Tenth Avenue Petroleum Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 0.00% CA$0.00 CA$1.87 Million --
2020-12-31 0.61% CA$14.22K CA$2.32 Million -0.11pp
2019-12-31 0.72% CA$14.21K CA$1.97 Million -0.03pp
2017-12-31 0.75% CA$14.02K CA$1.86 Million --
pp = percentage points