Enservco Co
Enservco Corporation, through its subsidiaries, provides hot oiling and acidizing, and frac water heating services to the onshore oil and natural gas industry. It also water hauling and well site construction services. The company owns and operates specialized trucks, trailers, frac tanks, and other well-site related equipment. It operates in the DJ Basin/Niobrara area in Colorado and Wyoming; th… Read more
Enservco Co (ENSV) - Net Assets
Latest net assets as of June 2024: $1.50 Million USD
Based on the latest financial reports, Enservco Co (ENSV) has net assets worth $1.50 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.62 Million) and total liabilities ($10.12 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.50 Million |
| % of Total Assets | 12.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -103.17% |
| Growth Volatility | 69.97 |
Enservco Co - Net Assets Trend (1995–2023)
This chart illustrates how Enservco Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Enservco Co (1995–2023)
The table below shows the annual net assets of Enservco Co from 1995 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-572.00K | -148.93% |
| 2022-12-31 | $1.17 Million | -78.12% |
| 2021-12-31 | $5.34 Million | +109.08% |
| 2020-12-31 | $2.56 Million | +195.48% |
| 2019-12-31 | $-2.68 Million | -158.15% |
| 2018-12-31 | $4.60 Million | -44.05% |
| 2017-12-31 | $8.22 Million | -42.94% |
| 2016-12-31 | $14.42 Million | -19.41% |
| 2015-12-31 | $17.89 Million | -0.86% |
| 2014-12-31 | $18.04 Million | +40.45% |
| 2013-12-31 | $12.85 Million | +88.45% |
| 2012-12-31 | $6.82 Million | +117.96% |
| 2011-12-31 | $3.13 Million | -32.09% |
| 2010-12-31 | $4.61 Million | -50.85% |
| 2009-12-31 | $9.37 Million | -19.92% |
| 2008-12-31 | $11.70 Million | +6.32% |
| 2007-12-31 | $11.01 Million | +8.96% |
| 2006-12-31 | $10.10 Million | +51.31% |
| 2005-12-31 | $6.68 Million | +47.21% |
| 2004-12-31 | $4.53 Million | +5.68% |
| 2003-12-31 | $4.29 Million | +1.53% |
| 2002-12-31 | $4.23 Million | -2.50% |
| 2001-12-31 | $4.33 Million | +138.63% |
| 2000-12-31 | $1.82 Million | +43.83% |
| 1999-12-31 | $1.26 Million | +84.19% |
| 1998-12-31 | $685.64K | +35.85% |
| 1997-12-31 | $504.70K | -40.74% |
| 1996-12-31 | $851.62K | 0.00% |
| 1995-12-31 | $851.62K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enservco Co'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 4489786200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $131.00K | % |
| Other Components | $48.97 Million | % |
| Total Equity | $-572.00K | 100.00% |
Enservco Co Competitors by Market Cap
The table below lists competitors of Enservco Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medipower -M
TA:MDPR
|
$902.10K |
|
Centenario Gold Corp.
V:CTG
|
$902.92K |
|
TRADEGATE
BE:T2G
|
$903.43K |
|
Miwon Commercial Co. Ltd.
KQ:002840
|
$903.58K |
|
BEIERSDORF
BE:BEI
|
$901.00K |
|
M+S HIDRAVLIK AD BW 1
F:8Q3
|
$900.83K |
|
Overseas Commerce Ltd
TA:OVRS
|
$899.65K |
|
Samchully Co. Ltd.
KQ:004690
|
$899.65K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enservco Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,169,000 to -572,000, a change of -1,741,000 (-148.9%).
- Net loss of 8,517,000 reduced equity.
- New share issuances of 2,952,000 increased equity.
- Other factors increased equity by 3,824,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.52 Million | -1488.99% |
| Share Issuances | $2.95 Million | +516.08% |
| Other Changes | $3.82 Million | +668.53% |
| Total Change | $- | -148.93% |
Book Value vs Market Value Analysis
This analysis compares Enservco Co'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $2.99 | $0.03 | x |
| 1996-12-31 | $2.99 | $0.03 | x |
| 1997-12-31 | $1.69 | $0.03 | x |
| 1998-12-31 | $2.21 | $0.03 | x |
| 1999-12-31 | $3.39 | $0.03 | x |
| 2000-12-31 | $5.01 | $0.03 | x |
| 2001-12-31 | $11.71 | $0.03 | x |
| 2002-12-31 | $10.86 | $0.03 | x |
| 2003-12-31 | $10.58 | $0.03 | x |
| 2004-12-31 | $10.17 | $0.03 | x |
| 2005-12-31 | $14.75 | $0.03 | x |
| 2006-12-31 | $20.32 | $0.03 | x |
| 2007-12-31 | $22.37 | $0.03 | x |
| 2008-12-31 | $23.81 | $0.03 | x |
| 2009-12-31 | $19.36 | $0.03 | x |
| 2010-12-31 | $3.92 | $0.03 | x |
| 2011-12-31 | $2.15 | $0.03 | x |
| 2012-12-31 | $4.20 | $0.03 | x |
| 2013-12-31 | $5.19 | $0.03 | x |
| 2014-12-31 | $6.94 | $0.03 | x |
| 2015-12-31 | $7.09 | $0.03 | x |
| 2016-12-31 | $5.55 | $0.03 | x |
| 2017-12-31 | $2.42 | $0.03 | x |
| 2018-12-31 | $1.31 | $0.03 | x |
| 2019-12-31 | $-0.73 | $0.03 | x |
| 2020-12-31 | $0.61 | $0.03 | x |
| 2021-12-31 | $0.47 | $0.03 | x |
| 2022-12-31 | $0.10 | $0.03 | x |
| 2023-12-31 | $-0.03 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enservco Co 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.61%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-24.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | -37.85% | -71.86% | 0.37x | 1.41x | $-407.49K |
| 1996 | -37.85% | -71.86% | 0.37x | 1.41x | $-407.49K |
| 1997 | -69.81% | -91.76% | 0.35x | 2.20x | $-402.79K |
| 1998 | 16.12% | 12.14% | 0.57x | 2.31x | $41.97K |
| 1999 | 26.15% | 25.08% | 0.74x | 1.41x | $203.96K |
| 2000 | 27.28% | 34.79% | 0.55x | 1.44x | $313.93K |
| 2001 | 57.64% | 63.40% | 0.66x | 1.38x | $2.07 Million |
| 2002 | -2.89% | -14.04% | 0.18x | 1.14x | $-544.71K |
| 2003 | 1.35% | 4.36% | 0.26x | 1.21x | $-371.33K |
| 2004 | 4.43% | 11.00% | 0.26x | 1.53x | $-252.78K |
| 2005 | 22.28% | 36.10% | 0.45x | 1.39x | $819.50K |
| 2006 | 29.40% | 50.24% | 0.31x | 1.90x | $1.96 Million |
| 2007 | 8.41% | 20.94% | 0.21x | 1.92x | $-175.35K |
| 2008 | 6.86% | 14.89% | 0.27x | 1.71x | $-367.38K |
| 2009 | -22.33% | 0.00% | 0.00x | 1.25x | $-3.03 Million |
| 2010 | -40.08% | -9.90% | 0.82x | 4.91x | $-2.31 Million |
| 2011 | -62.90% | -7.97% | 1.12x | 7.07x | $-2.28 Million |
| 2012 | -1.25% | -0.27% | 1.22x | 3.79x | $-766.70K |
| 2013 | 33.49% | 9.26% | 1.39x | 2.60x | $3.02 Million |
| 2014 | 22.20% | 7.08% | 0.97x | 3.23x | $2.20 Million |
| 2015 | -7.05% | -3.25% | 0.82x | 2.64x | $-3.05 Million |
| 2016 | -59.32% | -34.75% | 0.58x | 2.94x | $-9.99 Million |
| 2017 | -83.81% | -16.91% | 0.92x | 5.38x | $-7.72 Million |
| 2018 | -127.44% | -12.50% | 0.96x | 10.65x | $-6.33 Million |
| 2019 | 0.00% | -12.36% | 1.00x | 0.00x | $-5.05 Million |
| 2020 | -94.01% | -15.32% | 0.52x | 11.81x | $-2.66 Million |
| 2021 | -150.73% | -52.50% | 0.61x | 4.71x | $-8.59 Million |
| 2022 | -162.62% | -8.78% | 1.09x | 16.97x | $-2.02 Million |
| 2023 | 0.00% | -38.61% | 1.51x | 0.00x | $-8.46 Million |
Industry Comparison
This section compares Enservco Co'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: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enservco Co (ENSV) | $1.50 Million | -37.85% | 6.76x | $901.18K |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |