AAV.TO  Advantage Oil & Gas Ltd.

Exchange

TSX

Sector

Energy

Industry

Market Cap.

670.2M

Good Balance Sheet

AAV.TO's Total Assets double Total Liabilities. Its financial position is adequate. Remember to check Shareholders' Equity to see if it's stable or growing. It's one of the best measures of whether a company is creating value for shareholders.
Figures in CAD. Fiscal year ends in December
2002200320042005200620072008200920102011
Cash - - - - - - - 30.83M 25.16M -
Current Assets 24.06M 34.18M 48.96M 59.58M 106.25M 124.49M 140.42M 95.30M 73.92M 48.39M
Total Assets 411.85M 574.75M 1.03B 1.01B 1.98B 2.42B 2.31B 1.93B 1.84B 1.97B
Current Liabilities 145.34M 164.70M 356.07M 91.19M 139.07M 147.79M 257.89M 200.29M 183.03M 141.77M
Total Liabilities 227.80M 252.61M 493.44M 593.75M 817.03M 1.04B 1.10B 691.44M 634.38M 840.98M
Stockholder' Equity 184.05M 322.14M 539.81M 419.10M 1.16B 1.38B 1.21B 1.24B 1.21B 1.13B
Current Ratio 0.17 0.21 0.14 0.65 0.76 0.84 0.54 0.48 0.40 0.34
TL-to-TA 0.55 0.44 0.48 0.59 0.41 0.43 0.48 0.36 0.34 0.43

Low or No Reinvestment of Profits over the past 10 years

AAV.TO has either been retaining a small amount of their earnings or has done so inconsistently. A lack of consistency could be due to AAV.TO operating at a loss or them having such a strong economic moat they feel comfortable spending profits on growth. Be wary of future prospects and if applicable, inspect the moat's sustainability.
Figures in CAD. Fiscal year ends in December
2002200320042005200620072008200920102011
Retained Earnings -32.40M -80.34M -176.57M 177.71M -437.11M -659.84M -877.05M -980.75M -1.02B -1.16B
Retained Earnings Growth - -147.97% -119.77% 200.65% -345.97% -50.96% -32.92% -11.82% -4.51% -13.48%