Tenth Avenue Petroleum Corp
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
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
Total Assets
Resilience Assessment
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 | -- |