Dawson Geophysical Company (DWSN) - Net Assets
Based on the latest financial reports, Dawson Geophysical Company (DWSN) has net assets worth $15.19 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.58 Million) and total liabilities ($25.39 Million). 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. Check DWSN asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $15.19 Million |
| % of Total Assets | 37.43% |
| Annual Growth Rate | 5.29% |
| 5-Year Change | -81.0% |
| 10-Year Change | -91.76% |
| Growth Volatility | 97.28 |
Dawson Geophysical Company - Net Assets Trend (1993–2024)
This chart illustrates how Dawson Geophysical Company's net assets have evolved over time, based on quarterly financial data. Also explore DWSN current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Dawson Geophysical Company (1993–2024)
The table below shows the annual net assets of Dawson Geophysical Company from 1993 to 2024. For live valuation and market cap data, see Dawson Geophysical Company market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.28 Million | -45.02% |
| 2023-12-31 | $31.43 Million | -35.59% |
| 2022-12-31 | $48.80 Million | -21.88% |
| 2021-12-31 | $62.48 Million | -31.32% |
| 2020-12-31 | $90.97 Million | -11.82% |
| 2019-12-31 | $103.17 Million | -11.84% |
| 2018-12-31 | $117.02 Million | -17.16% |
| 2017-12-31 | $141.25 Million | -17.34% |
| 2016-12-31 | $170.88 Million | -18.52% |
| 2015-12-31 | $209.72 Million | +7.98% |
| 2014-12-31 | $194.22 Million | +180.94% |
| 2013-12-31 | $69.13 Million | -11.35% |
| 2012-12-31 | $77.99 Million | +22.39% |
| 2011-12-31 | $63.72 Million | +20.54% |
| 2010-12-31 | $52.86 Million | +0.32% |
| 2009-12-31 | $52.69 Million | +4.49% |
| 2008-12-31 | $50.43 Million | +17.49% |
| 2007-12-31 | $42.92 Million | +22.48% |
| 2006-12-31 | $35.04 Million | +31.71% |
| 2005-12-31 | $26.61 Million | +482.17% |
| 2004-12-31 | $4.57 Million | +135.17% |
| 2003-12-31 | $1.94 Million | +42.86% |
| 2002-12-31 | $1.36 Million | -55.06% |
| 2001-12-31 | $3.03 Million | -27.45% |
| 2000-12-31 | $4.17 Million | +19.41% |
| 1999-12-31 | $3.49 Million | -31.87% |
| 1998-12-31 | $5.13 Million | +37.48% |
| 1997-12-31 | $3.73 Million | +23.62% |
| 1996-12-31 | $3.02 Million | +83.63% |
| 1995-12-31 | $1.64 Million | -53.05% |
| 1994-12-31 | $3.50 Million | 0.00% |
| 1993-12-31 | $3.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dawson Geophysical Company'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 13671900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $310.00K | 1.79% |
| Other Comprehensive Income | $-2.48 Million | -14.37% |
| Other Components | $157.07 Million | 908.93% |
| Total Equity | $17.28 Million | 100.00% |
Dawson Geophysical Company Competitors by Market Cap
The table below lists competitors of Dawson Geophysical Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Defense Metals Corp
V:DEFN
|
$62.42 Million |
|
Delta Technologies Nyrt
BUD:DELTA
|
$62.43 Million |
|
Tailyn Technologies
TWO:5353
|
$62.44 Million |
|
Cingulate Inc
NASDAQ:CING
|
$62.45 Million |
|
THINKWARE Corporation
KQ:084730
|
$62.37 Million |
|
Global Fashion Group S.A
F:GFG
|
$62.34 Million |
|
Hydrogene De France SA
PA:HDF
|
$62.33 Million |
|
Lument Finance Trust Inc
NYSE:LFT
|
$62.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dawson Geophysical Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,434,000 to 17,281,000, a change of -14,153,000 (-45.0%).
- Net loss of 4,119,000 reduced equity.
- Dividend payments of 9,860,000 reduced retained earnings.
- Share repurchases of 76,000 reduced equity.
- Other comprehensive income decreased equity by 571,000.
- Other factors increased equity by 473,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.12 Million | -23.84% |
| Dividends Paid | $9.86 Million | -57.06% |
| Share Repurchases | $76.00K | -0.44% |
| Other Comprehensive Income | $-571.00K | -3.3% |
| Other Changes | $473.00K | +2.74% |
| Total Change | $- | -45.02% |
Book Value vs Market Value Analysis
This analysis compares Dawson Geophysical Company'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: 6.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.99x to 6.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $3.46 | $3.44 | x |
| 1994-12-31 | $3.46 | $3.44 | x |
| 1995-12-31 | $1.74 | $3.44 | x |
| 1996-12-31 | $2.77 | $3.44 | x |
| 1997-12-31 | $3.57 | $3.44 | x |
| 1998-12-31 | $2.17 | $3.44 | x |
| 1999-12-31 | $1.49 | $3.44 | x |
| 2000-12-31 | $1.78 | $3.44 | x |
| 2001-12-31 | $1.29 | $3.44 | x |
| 2002-12-31 | $0.52 | $3.44 | x |
| 2003-12-31 | $0.63 | $3.44 | x |
| 2004-12-31 | $0.78 | $3.44 | x |
| 2005-12-31 | $3.95 | $3.44 | x |
| 2006-12-31 | $4.51 | $3.44 | x |
| 2007-12-31 | $5.78 | $3.44 | x |
| 2008-12-31 | $6.79 | $3.44 | x |
| 2009-12-31 | $7.09 | $3.44 | x |
| 2010-12-31 | $7.13 | $3.44 | x |
| 2011-12-31 | $8.45 | $3.44 | x |
| 2012-12-31 | $10.18 | $3.44 | x |
| 2013-12-31 | $9.04 | $3.44 | x |
| 2014-12-31 | $22.90 | $3.44 | x |
| 2015-12-31 | $9.65 | $3.44 | x |
| 2016-12-31 | $7.53 | $3.44 | x |
| 2017-12-31 | $6.20 | $3.44 | x |
| 2018-12-31 | $5.11 | $3.44 | x |
| 2019-12-31 | $4.45 | $3.44 | x |
| 2020-12-31 | $3.89 | $3.44 | x |
| 2021-12-31 | $2.65 | $3.44 | x |
| 2022-12-31 | $1.95 | $3.44 | x |
| 2023-12-31 | $1.18 | $3.44 | x |
| 2024-12-31 | $0.56 | $3.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dawson Geophysical Company 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): -23.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.55%
- • Asset Turnover: 2.40x
- • Equity Multiplier: 1.79x
- Recent ROE (-23.84%) is below the historical average (-15.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -17.14% | -6.00% | 0.98x | 2.91x | $-950.00K |
| 1995 | -161.43% | -12.16% | 1.70x | 7.79x | $-2.82 Million |
| 1996 | -33.61% | -10.86% | 1.05x | 2.95x | $-1.32 Million |
| 1997 | 35.01% | 8.01% | 1.54x | 2.83x | $933.04K |
| 1998 | 35.72% | 10.73% | 1.84x | 1.81x | $1.32 Million |
| 1999 | -59.34% | -45.06% | 0.64x | 2.06x | $-2.42 Million |
| 2000 | -45.83% | -29.62% | 1.24x | 1.25x | $-2.33 Million |
| 2001 | -37.96% | -11.37% | 1.88x | 1.77x | $-1.45 Million |
| 2002 | -125.82% | -27.33% | 2.13x | 2.16x | $-1.85 Million |
| 2003 | 28.57% | 6.56% | 3.07x | 1.42x | $360.83K |
| 2004 | 64.17% | 14.60% | 2.15x | 2.04x | $2.48 Million |
| 2005 | 23.31% | 20.10% | 0.75x | 1.55x | $3.54 Million |
| 2006 | 23.15% | 11.97% | 1.20x | 1.61x | $4.61 Million |
| 2007 | 17.72% | 8.42% | 1.48x | 1.42x | $3.32 Million |
| 2008 | 13.68% | 7.95% | 1.02x | 1.69x | $1.86 Million |
| 2009 | 3.57% | 2.08% | 1.05x | 1.64x | $-3.39 Million |
| 2010 | -2.31% | -1.13% | 1.23x | 1.67x | $-6.51 Million |
| 2011 | 17.00% | 7.17% | 1.51x | 1.57x | $4.46 Million |
| 2012 | 20.10% | 7.98% | 1.38x | 1.82x | $7.87 Million |
| 2013 | -9.14% | -4.69% | 1.37x | 1.42x | $-13.23 Million |
| 2014 | -4.51% | -6.08% | 0.58x | 1.27x | $-28.17 Million |
| 2015 | -12.53% | -11.20% | 0.95x | 1.18x | $-47.25 Million |
| 2016 | -23.29% | -29.84% | 0.71x | 1.10x | $-56.88 Million |
| 2017 | -22.13% | -19.90% | 0.95x | 1.17x | $-45.39 Million |
| 2018 | -20.86% | -15.83% | 1.02x | 1.29x | $-36.11 Million |
| 2019 | -14.75% | -10.44% | 1.14x | 1.24x | $-25.53 Million |
| 2020 | -14.51% | -15.33% | 0.83x | 1.14x | $-22.29 Million |
| 2021 | -46.56% | -117.80% | 0.33x | 1.19x | $-35.34 Million |
| 2022 | -38.20% | -36.11% | 0.75x | 1.41x | $-23.53 Million |
| 2023 | -38.64% | -12.54% | 1.66x | 1.85x | $-15.29 Million |
| 2024 | -23.84% | -5.55% | 2.40x | 1.79x | $-5.85 Million |
Industry Comparison
This section compares Dawson Geophysical Company's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $4,580,209,556
- Average return on equity (ROE) among peers: -5.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dawson Geophysical Company (DWSN) | $15.19 Million | -17.14% | 1.67x | $62.41 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $980.32 Million |
| Atlas Energy Solutions Inc. (AESI) | $331.70 Million | -10.38% | 0.57x | $1.64 Billion |
| Archrock Inc (AROC) | $841.57 Million | 2.50% | 2.03x | $6.33 Billion |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $62.90 Billion |
| ChampionX Corporation (CHX) | $1.61 Billion | -46.04% | 1.16x | $4.94 Billion |
| Core Laboratories NV (CLB) | $221.48 Million | 8.44% | 0.90x | $655.15 Million |
| Drilling Tools International Corp. (DTI) | $11.16 Million | 18.83% | 5.23x | $76.38 Million |
| Enerflex Ltd. (EFXT) | $1.14 Billion | -8.85% | 1.76x | $2.57 Billion |
| Forum Energy Technologies Inc (FET) | $1.24 Billion | -6.64% | 0.49x | $597.54 Million |
About Dawson Geophysical Company
Dawson Geophysical Company engages in providing onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.… Read more