Key Energy Services Inc
Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States. It operates through Rig Services, Fishing and Rental Services, Coiled Tubing Services, and Fluid Management Services segments. The Rig Services segment is involved in the completion of newly drilled wells; workover and recompletion of existing oil and natural gas wells; well maintenance acti… Read more
Key Energy Services Inc (KEGX) - Net Assets
Latest net assets as of September 2020: $77.69 Million USD
Based on the latest financial reports, Key Energy Services Inc (KEGX) has net assets worth $77.69 Million USD as of September 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($256.56 Million) and total liabilities ($178.87 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 | $77.69 Million |
| % of Total Assets | 30.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | -136.53% |
| 10-Year Change | -105.22% |
| Growth Volatility | 67.46 |
Key Energy Services Inc - Net Assets Trend (1992–2019)
This chart illustrates how Key Energy Services Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Key Energy Services Inc (1992–2019)
The table below shows the annual net assets of Key Energy Services Inc from 1992 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | $-51.25 Million | -212.59% |
| 2018-12-31 | $45.52 Million | -64.63% |
| 2017-12-31 | $128.68 Million | -46.96% |
| 2016-12-31 | $242.62 Million | +72.94% |
| 2015-12-31 | $140.29 Million | -86.74% |
| 2014-12-31 | $1.06 Billion | -15.43% |
| 2013-12-31 | $1.25 Billion | -2.82% |
| 2012-12-31 | $1.29 Billion | +5.99% |
| 2011-12-31 | $1.21 Billion | +23.71% |
| 2010-12-31 | $981.80 Million | +32.12% |
| 2009-12-31 | $743.14 Million | -13.66% |
| 2008-12-31 | $860.73 Million | -3.21% |
| 2007-12-31 | $889.25 Million | +21.73% |
| 2006-12-31 | $730.51 Million | +31.85% |
| 2005-12-31 | $554.06 Million | +9.57% |
| 2004-12-31 | $505.67 Million | -3.88% |
| 2003-12-31 | $526.09 Million | -24.45% |
| 2002-12-31 | $696.37 Million | +46.03% |
| 2000-12-31 | $476.88 Million | +24.55% |
| 1999-12-31 | $382.89 Million | +40.46% |
| 1998-12-31 | $272.60 Million | +75.98% |
| 1997-12-31 | $154.90 Million | +107.92% |
| 1996-12-31 | $74.50 Million | +73.66% |
| 1995-12-31 | $42.90 Million | +113.43% |
| 1994-12-31 | $20.10 Million | +116.13% |
| 1993-12-31 | $9.30 Million | +27.40% |
| 1992-12-31 | $7.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Key Energy Services Inc'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 28922.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $206.00K | % |
| Other Components | $265.59 Million | % |
| Total Equity | $-51.25 Million | 100.00% |
Key Energy Services Inc Competitors by Market Cap
The table below lists competitors of Key Energy Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Agrimin Limited
F:3CL
|
$11.03 Million |
|
LORDS CHLORO ALKALI ORD T (BSE)
NSE:LORDSCHLO
|
$11.03 Million |
|
BROADPEAK S.A. EO -02
F:J73
|
$11.04 Million |
|
Est Global Apparel Co.Ltd
TWO:4413
|
$11.04 Million |
|
TRANSTEMA GROUP AB O.N.
F:9G8
|
$11.02 Million |
|
IKTINOS HELLAS NA EO 010
F:F40
|
$11.02 Million |
|
Berkah Prima Perkasa Tbk PT
JK:BLUE
|
$11.01 Million |
|
Icandy Interactive Ltd
AU:ICI
|
$11.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Key Energy Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 45,520,000 to -51,253,000, a change of -96,773,000 (-212.6%).
- Net loss of 97,418,000 reduced equity.
- Share repurchases of 39,000 reduced equity.
- Other factors increased equity by 684,000.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-97.42 Million | -190.07% |
| Share Repurchases | $39.00K | -0.08% |
| Other Changes | $684.00K | +1.33% |
| Total Change | $- | -212.59% |
Book Value vs Market Value Analysis
This analysis compares Key Energy Services Inc'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 |
|---|---|---|---|
| 1992-12-31 | $13957.93 | $0.80 | x |
| 1993-12-31 | $17286.25 | $0.80 | x |
| 1994-12-31 | $28510.64 | $0.80 | x |
| 1995-12-31 | $39134.52 | $0.80 | x |
| 1996-12-31 | $51988.64 | $0.80 | x |
| 1997-12-31 | $63172.92 | $0.80 | x |
| 1998-12-31 | $97114.36 | $0.80 | x |
| 1999-12-31 | $44745.47 | $0.80 | x |
| 2000-12-31 | $45673.59 | $0.80 | x |
| 2002-12-31 | $64490.46 | $0.80 | x |
| 2003-12-31 | $39803.81 | $0.80 | x |
| 2004-12-31 | $37877.60 | $0.80 | x |
| 2005-12-31 | $40620.01 | $0.80 | x |
| 2006-12-31 | $53372.62 | $0.80 | x |
| 2007-12-31 | $65199.71 | $0.80 | x |
| 2008-12-31 | $67139.78 | $0.80 | x |
| 2009-12-31 | $57197.40 | $0.80 | x |
| 2010-12-31 | $74333.96 | $0.80 | x |
| 2011-12-31 | $81365.96 | $0.80 | x |
| 2012-12-31 | $83435.87 | $0.80 | x |
| 2013-12-31 | $80476.84 | $0.80 | x |
| 2014-12-31 | $67569.00 | $0.80 | x |
| 2015-12-31 | $8774.71 | $0.80 | x |
| 2016-12-31 | $14797.33 | $0.80 | x |
| 2017-12-31 | $320.11 | $0.80 | x |
| 2018-12-31 | $112.40 | $0.80 | x |
| 2019-12-31 | $-125.62 | $0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Key Energy Services Inc 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: -23.54%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-35.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 15.07% | 7.69% | 0.90x | 2.18x | $370.00K |
| 1993 | 13.98% | 3.76% | 1.23x | 3.02x | $370.00K |
| 1994 | 10.95% | 4.95% | 0.98x | 2.25x | $190.00K |
| 1995 | 8.65% | 5.43% | 0.54x | 2.93x | $-560.00K |
| 1996 | 12.43% | 5.60% | 0.51x | 4.37x | $1.78 Million |
| 1997 | 15.62% | 5.80% | 0.60x | 4.51x | $8.71 Million |
| 1998 | -19.55% | -10.93% | 0.42x | 4.21x | $-80.56 Million |
| 1999 | -4.95% | -2.97% | 0.51x | 3.25x | $-57.25 Million |
| 2000 | 13.15% | 7.18% | 0.71x | 2.58x | $15.02 Million |
| 2003 | -9.57% | -5.44% | 0.67x | 2.62x | $-102.98 Million |
| 2004 | -6.37% | -3.26% | 0.75x | 2.60x | $-82.79 Million |
| 2005 | 8.25% | 3.84% | 0.90x | 2.40x | $-9.69 Million |
| 2006 | 23.41% | 11.06% | 1.00x | 2.11x | $97.98 Million |
| 2007 | 19.04% | 10.19% | 0.89x | 2.09x | $80.39 Million |
| 2008 | 9.77% | 4.26% | 0.98x | 2.34x | $-2.02 Million |
| 2009 | -22.08% | -14.47% | 0.65x | 2.35x | $-226.82 Million |
| 2010 | 7.49% | 6.37% | 0.61x | 1.93x | $-24.69 Million |
| 2011 | 8.35% | 5.49% | 0.71x | 2.14x | $-20.00 Million |
| 2012 | 0.59% | 0.39% | 0.71x | 2.15x | $-121.11 Million |
| 2013 | -1.74% | -1.37% | 0.62x | 2.07x | $-146.88 Million |
| 2014 | -16.88% | -12.51% | 0.61x | 2.21x | $-284.43 Million |
| 2015 | -654.15% | -115.82% | 0.60x | 9.46x | $-931.73 Million |
| 2016 | -54.30% | -32.98% | 0.61x | 2.71x | $-156.00 Million |
| 2017 | -93.71% | -27.65% | 0.82x | 4.11x | $-133.46 Million |
| 2018 | -195.07% | -17.02% | 1.18x | 9.74x | $-93.35 Million |
| 2019 | 0.00% | -23.54% | 1.19x | 0.00x | $-92.29 Million |
Industry Comparison
This section compares Key Energy Services Inc'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 |
|---|---|---|---|---|
| Key Energy Services Inc (KEGX) | $77.69 Million | 15.07% | 2.30x | $11.02 Million |
| 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 |