WESTERN ENERGY SRV. NEW (W1T) - Net Assets
Based on the latest financial reports, WESTERN ENERGY SRV. NEW (W1T) has net assets worth €268.04 Million EUR (≈ $313.37 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€374.09 Million ≈ $437.36 Million USD) and total liabilities (€106.06 Million ≈ $123.99 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read W1T total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €268.04 Million |
| % of Total Assets | 71.65% |
| Annual Growth Rate | 9.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 29.0 |
WESTERN ENERGY SRV. NEW - Net Assets Trend (2021–2025)
This chart illustrates how WESTERN ENERGY SRV. NEW's net assets have evolved over time, based on quarterly financial data. Also explore W1T current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for WESTERN ENERGY SRV. NEW (2021–2025)
The table below shows the annual net assets of WESTERN ENERGY SRV. NEW from 2021 to 2025. For live valuation and market cap data, see W1T market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €265.45 Million ≈ $310.34 Million |
-10.28% |
| 2024-12-31 | €295.85 Million ≈ $345.88 Million |
+0.06% |
| 2023-12-31 | €295.67 Million ≈ $345.66 Million |
-2.27% |
| 2022-12-31 | €302.53 Million ≈ $353.69 Million |
+62.21% |
| 2021-12-31 | €186.50 Million ≈ $218.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WESTERN ENERGY SRV. NEW's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1136100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €571.01 Million | 216.96% |
| Total Equity | €263.19 Million | 100.00% |
WESTERN ENERGY SRV. NEW Competitors by Market Cap
The table below lists competitors of WESTERN ENERGY SRV. NEW ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mistral Gayrimenkul Yatirim Ortakligi AS
IS:MSGYO
|
$61.97 Million |
|
Zepp Health Corp
NYSE:ZEPP
|
$61.97 Million |
|
CUE Energy Resources Ltd
AU:CUE
|
$62.01 Million |
|
Widodo Makmur Perkasa PT
JK:WMPP
|
$62.06 Million |
|
tsh biopharmoration Ltd
TWO:8432
|
$61.94 Million |
|
IB Acquisition Corp. Common Stock
NASDAQ:IBAC
|
$61.93 Million |
|
Skarbiec Holding S.A.
WAR:SKH
|
$61.92 Million |
|
AmeriServ Financial Inc
NASDAQ:ASRV
|
$61.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WESTERN ENERGY SRV. NEW's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 293,621,000 to 263,187,000, a change of -30,434,000 (-10.4%).
- Net loss of 25,998,000 reduced equity.
- Other factors decreased equity by 4,436,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-26.00 Million | -9.88% |
| Other Changes | €-4.44 Million | -1.69% |
| Total Change | €- | -10.37% |
Book Value vs Market Value Analysis
This analysis compares WESTERN ENERGY SRV. NEW's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.23x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.08x to 0.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €21.30 | €1.80 | x |
| 2022-12-31 | €8.88 | €1.80 | x |
| 2023-12-31 | €8.67 | €1.80 | x |
| 2024-12-31 | €8.68 | €1.80 | x |
| 2025-12-31 | €7.78 | €1.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WESTERN ENERGY SRV. NEW utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.95%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.44x
- Recent ROE (-9.88%) is below the historical average (-4.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -19.58% | -27.44% | 0.29x | 2.47x | €-54.58 Million |
| 2022 | 9.65% | 14.47% | 0.42x | 1.58x | €-1.06 Million |
| 2023 | -2.46% | -3.09% | 0.53x | 1.51x | €-36.54 Million |
| 2024 | -2.44% | -3.21% | 0.52x | 1.47x | €-36.52 Million |
| 2025 | -9.88% | -11.95% | 0.57x | 1.44x | €-52.32 Million |
Industry Comparison
This section compares WESTERN ENERGY SRV. NEW's net assets metrics with peer companies in the Oil & Gas Drilling industry.
Industry Context
- Industry: Oil & Gas Drilling
- Average net assets among peers: $2,315,532,465
- Average return on equity (ROE) among peers: 7.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WESTERN ENERGY SRV. NEW (W1T) | €268.04 Million | -19.58% | 0.40x | $61.95 Million |
| Daldrup & Söhne Aktiengesellschaft (4DS) | $65.96 Million | 0.35% | 0.48x | $129.31 Million |
| Nabors Industries Ltd (NBI1) | $1.28 Billion | -0.92% | 3.12x | $1.25 Billion |
| ODFJELL TECHNOLOGYLTD (ND4) | $1.38 Billion | 18.41% | 2.04x | $242.70 Million |
| ODFJELL DRILL.LTD. DL-01 (OD3) | $1.43 Billion | 11.69% | 0.87x | $2.18 Billion |
| Sinopec Oilfield Service Corporation (YIZH) | $7.43 Billion | 6.24% | 8.59x | $445.91 Million |
About WESTERN ENERGY SRV. NEW
Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. Its Production Services segment offers well servicing and related equipment, as well as rental equipment services… Read more