Civeo Corp Net Assets
Civeo Corp net assets. Based on the latest financial reports, Civeo Corp (CVEO) has net assets worth $182.55 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 ($491.07 Million) and total liabilities ($308.52 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. See Civeo Corp (CVEO) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $182.55 Million |
| % of Total Assets | 37.17% |
| Annual Growth Rate | -13.82% |
| 5-Year Change | -36.86% |
| 10-Year Change | -57.96% |
| Growth Volatility | 17.85 |
Net Assets of Civeo Corp (2012–2024)
Net assets of Civeo Corp from 2012 to 2024. This chart illustrates how Civeo Corp's net assets have evolved over time, based on quarterly financial data. Also explore Civeo Corp annual equity growth to track the company's year-over-year net asset growth rate.
Annual Net Assets for Civeo Corp (2012–2024)
The table below shows the annual net assets of Civeo Corp from 2012 to 2024. For live market cap and overall valuation, see Civeo Corp (CVEO) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $237.00 Million | -26.63% |
| 2023-12-31 | $323.04 Million | +6.37% |
| 2022-12-31 | $303.70 Million | -16.36% |
| 2021-12-31 | $363.11 Million | -3.26% |
| 2020-12-31 | $375.36 Million | -23.52% |
| 2019-12-31 | $490.81 Million | -8.33% |
| 2018-12-31 | $535.42 Million | +12.40% |
| 2017-12-31 | $476.37 Million | +0.08% |
| 2016-12-31 | $475.99 Million | -15.57% |
| 2015-12-31 | $563.77 Million | -34.45% |
| 2014-12-31 | $860.11 Million | -46.00% |
| 2013-12-31 | $1.59 Billion | +12.83% |
| 2012-12-31 | $1.41 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Civeo Corp'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 98072000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Civeo Corp Net Assets Breakdown (December 2024)
Civeo Corp net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-404.60 Million | -171.17% |
| Other Components | $1.63 Billion | 690.36% |
| Total Equity | $236.37 Million | 100.00% |
Civeo Corp Competitors by Market Cap
The table below lists competitors of Civeo Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wonderla Holidays Limited
NSE:WONDERLA
|
$321.86 Million |
|
Ningbo Water Meter Co Ltd
SHG:603700
|
$321.87 Million |
|
Denny’s Corp
NASDAQ:DENN
|
$321.87 Million |
|
Radium Life Tech Co Ltd
TW:2547
|
$321.87 Million |
|
XiAn Global Printing Co Ltd
SHE:002799
|
$321.74 Million |
|
Nantong Acetic Acid Chemical Co Ltd
SHG:603968
|
$321.66 Million |
|
Swancor Holding Co Ltd
TW:3708
|
$321.62 Million |
|
Sophia Genetics SA
NASDAQ:SOPH
|
$321.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Civeo Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 320,171,000 to 236,373,000, a change of -83,798,000 (-26.2%).
- Net loss of 17,067,000 reduced equity.
- Dividend payments of 14,422,000 reduced retained earnings.
- Share repurchases of 29,616,000 reduced equity.
- Other comprehensive income decreased equity by 23,885,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.07 Million | -7.22% |
| Dividends Paid | $14.42 Million | -6.1% |
| Share Repurchases | $29.62 Million | -12.53% |
| Other Comprehensive Income | $-23.89 Million | -10.1% |
| Other Changes | $1.19 Million | +0.5% |
| Total Change | $- | -26.17% |
Book Value vs Market Value Analysis
This analysis compares Civeo Corp'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: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.18x to 1.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $158.55 | $27.95 | x |
| 2013-12-31 | $178.86 | $27.95 | x |
| 2014-12-31 | $96.85 | $27.95 | x |
| 2015-12-31 | $63.40 | $27.95 | x |
| 2016-12-31 | $53.31 | $27.95 | x |
| 2017-12-31 | $44.52 | $27.95 | x |
| 2018-12-31 | $40.86 | $27.95 | x |
| 2019-12-31 | $35.21 | $27.95 | x |
| 2020-12-31 | $26.52 | $27.95 | x |
| 2021-12-31 | $25.40 | $27.95 | x |
| 2022-12-31 | $21.44 | $27.95 | x |
| 2023-12-31 | $21.33 | $27.95 | x |
| 2024-12-31 | $16.54 | $27.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Civeo Corp 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): -7.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.50%
- • Asset Turnover: 1.68x
- • Equity Multiplier: 1.71x
- Recent ROE (-7.22%) is above the historical average (-9.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.35% | 22.07% | 0.52x | 1.51x | $103.68 Million |
| 2013 | 11.43% | 17.47% | 0.49x | 1.33x | $22.77 Million |
| 2014 | -22.03% | -20.05% | 0.52x | 2.13x | $-274.84 Million |
| 2015 | -23.39% | -25.44% | 0.48x | 1.90x | $-188.08 Million |
| 2016 | -20.27% | -24.27% | 0.44x | 1.91x | $-143.93 Million |
| 2017 | -22.20% | -27.65% | 0.45x | 1.79x | $-153.34 Million |
| 2018 | -15.36% | -17.62% | 0.47x | 1.87x | $-135.79 Million |
| 2019 | -11.90% | -11.06% | 0.54x | 1.98x | $-107.35 Million |
| 2020 | -35.83% | -25.34% | 0.72x | 1.98x | $-171.72 Million |
| 2021 | 0.37% | 0.23% | 0.88x | 1.86x | $-34.80 Million |
| 2022 | 1.33% | 0.57% | 1.23x | 1.89x | $-26.02 Million |
| 2023 | 9.42% | 4.30% | 1.28x | 1.71x | $-1.86 Million |
| 2024 | -7.22% | -2.50% | 1.68x | 1.71x | $-40.70 Million |
Industry Comparison
This section compares Civeo Corp's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,221,449,026
- Average return on equity (ROE) among peers: 19.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Civeo Corp (CVEO) | $182.55 Million | 17.35% | 1.69x | $321.85 Million |
| Atour Lifestyle Holdings Limited American Depositary Shares (ATAT) | $564.62 Million | 25.69% | 2.98x | $3.51 Billion |
| Choice Hotels International Inc (CHH) | $-45.27 Million | 0.00% | 0.00x | $4.67 Billion |
| GreenTree Hospitality Group Ltd (GHG) | $1.86 Billion | 21.15% | 0.62x | $65.80 Million |
| Hyatt Hotels Corporation (H) | $3.97 Billion | 19.31% | 1.12x | $7.08 Billion |
| Hilton Worldwide Holdings Inc (HLT) | $558.00 Million | 136.92% | 24.08x | $72.76 Billion |
| Huazhu Group Ltd (HTHT) | $2.83 Billion | 9.90% | 0.83x | $13.59 Billion |
| The Intergroup Corporation (INTG) | $-177.59 Million | 0.00% | 0.00x | $69.13 Million |
| Marriott International Inc (MAR) | $1.43 Billion | 48.71% | 5.26x | $103.03 Billion |
| Pharmhouse Corp (PHSE) | $6.36 Million | -85.15% | 0.04x | $48.31 Million |
About Civeo Corp
Civeo Corporation engages in hospitality services to the natural resource industry in Canada, Australia, and internationally. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs. It also offers food, housekeeping, and maintenance services, as well as laundry, facili… Read more