Cardinal Energy Ltd.

Toronto Stock Exchange CJ.TO

Cardinal Energy Ltd. Return on Assets (ROA) for the year ending December 31, 2023

Cardinal Energy Ltd. Return on Assets (ROA) is NA for the year ending December 31, 2023. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Cardinal Energy Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was 26.21%, a -0.87% change year over year.
Cardinal Energy Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was 26.44%, a 154.53% change year over year.
Cardinal Energy Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was -48.48%, a -1,523.20% change year over year.
Cardinal Energy Ltd. Return on Assets (ROA) for the year ending December 31, 2019 was -2.99%.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Toronto Stock Exchange: CJ.TO

Cardinal Energy Ltd.

CEO	Mr. M. Scott Ratushny
IPO Date	Jan. 7, 2014
Location	Canada
Headquarters	400-3rd Avenue SW
Employees	177
Sector	Energy
Industries Oil & Gas Drilling Fracking Gas Offshore Drilling Oil Extraction Oil Sands Petrochemicals

Description

Cardinal Energy Ltd. engages in the acquisition, exploration, and production of low decline light, medium, and heavy quality oil, and natural gas in Western Canada. It has operations in the provinces of Alberta and Saskatchewan. As of February 24, 2022, the company had total proved plus probable oil and gas reserves are 110,391 thousand barrels of oil equivalent. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.

Key trends

Past 5 years