Secure Energy Services Inc
SECURE Waste Infrastructure Corp. engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through Waste Management and Energy Infrastructure segments. The Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer stations, metal recycling facilities,… Read more
Secure Energy Services Inc (SECYF) - Net Assets
Latest net assets as of September 2025: $777.00 Million USD
Based on the latest financial reports, Secure Energy Services Inc (SECYF) has net assets worth $777.00 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 ($2.55 Billion) and total liabilities ($1.77 Billion). 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 | $777.00 Million |
| % of Total Assets | 30.48% |
| Annual Growth Rate | 17.14% |
| 5-Year Change | 46.04% |
| 10-Year Change | 26.38% |
| Growth Volatility | 37.11 |
Secure Energy Services Inc - Net Assets Trend (2008–2024)
This chart illustrates how Secure 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 Secure Energy Services Inc (2008–2024)
The table below shows the annual net assets of Secure Energy Services Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.04 Billion | -12.14% |
| 2023-12-31 | $1.19 Billion | -6.32% |
| 2022-12-31 | $1.27 Billion | +14.47% |
| 2021-12-31 | $1.11 Billion | +55.01% |
| 2020-12-31 | $713.50 Million | -12.20% |
| 2019-12-31 | $812.64 Million | -3.75% |
| 2018-12-31 | $844.32 Million | -3.45% |
| 2017-12-31 | $874.49 Million | -5.67% |
| 2016-12-31 | $927.05 Million | +12.44% |
| 2015-12-31 | $824.51 Million | +8.16% |
| 2014-12-31 | $762.29 Million | +14.75% |
| 2013-12-31 | $664.33 Million | +38.87% |
| 2012-12-31 | $478.40 Million | +37.06% |
| 2011-12-31 | $349.04 Million | +126.98% |
| 2010-12-31 | $153.77 Million | +80.58% |
| 2009-12-31 | $85.16 Million | +2.65% |
| 2008-12-31 | $82.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Secure 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 grown by 7377207500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $71.00 Million | 6.81% |
| Common Stock | $863.00 Million | 82.82% |
| Other Comprehensive Income | $34.00 Million | 3.26% |
| Other Components | $74.00 Million | 7.10% |
| Total Equity | $1.04 Billion | 100.00% |
Secure Energy Services Inc Competitors by Market Cap
The table below lists competitors of Secure Energy Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Addus HomeCare Corporation
NASDAQ:ADUS
|
$1.74 Billion |
|
Vishay Intertechnology Inc
NYSE:VSH
|
$1.74 Billion |
|
WK Kellogg Co
NYSE:KLG
|
$1.74 Billion |
|
CITIC Heavy Industries Co Ltd
SHG:601608
|
$1.74 Billion |
|
Nordex SE
PINK:NRDXF
|
$1.74 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
$1.74 Billion |
|
CETC Energy Joint Stock Co Ltd
SHG:600877
|
$1.74 Billion |
|
Daido Steel Co. Ltd
F:DDL
|
$1.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Secure Energy Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,186,000,000 to 1,042,000,000, a change of -144,000,000 (-12.1%).
- Net income of 582,000,000 contributed positively to equity growth.
- Dividend payments of 104,000,000 reduced retained earnings.
- Share repurchases of 657,000,000 reduced equity.
- Other comprehensive income decreased equity by 47,000,000.
- Other factors increased equity by 82,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $582.00 Million | +55.85% |
| Dividends Paid | $104.00 Million | -9.98% |
| Share Repurchases | $657.00 Million | -63.05% |
| Other Comprehensive Income | $-47.00 Million | -4.51% |
| Other Changes | $82.00 Million | +7.87% |
| Total Change | $- | -12.14% |
Book Value vs Market Value Analysis
This analysis compares Secure 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
- Current price-to-book ratio: 2.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.53x to 2.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $2.03 | $9.21 | x |
| 2009-12-31 | $2.04 | $9.21 | x |
| 2010-12-31 | $2.54 | $9.21 | x |
| 2011-12-31 | $4.21 | $9.21 | x |
| 2012-12-31 | $4.81 | $9.21 | x |
| 2013-12-31 | $6.01 | $9.21 | x |
| 2014-12-31 | $6.23 | $9.21 | x |
| 2015-12-31 | $6.18 | $9.21 | x |
| 2016-12-31 | $6.00 | $9.21 | x |
| 2017-12-31 | $5.37 | $9.21 | x |
| 2018-12-31 | $5.10 | $9.21 | x |
| 2019-12-31 | $4.82 | $9.21 | x |
| 2020-12-31 | $4.31 | $9.21 | x |
| 2021-12-31 | $4.72 | $9.21 | x |
| 2022-12-31 | $4.04 | $9.21 | x |
| 2023-12-31 | $3.97 | $9.21 | x |
| 2024-12-31 | $4.29 | $9.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Secure 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): 55.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.45%
- • Asset Turnover: 4.68x
- • Equity Multiplier: 2.19x
- Recent ROE (55.85%) is above the historical average (3.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -1.84% | -20.55% | 0.08x | 1.18x | $-9.82 Million |
| 2009 | -3.24% | -12.32% | 0.23x | 1.14x | $-11.27 Million |
| 2010 | 3.49% | 7.38% | 0.38x | 1.25x | $-10.01 Million |
| 2011 | 6.41% | 4.06% | 0.91x | 1.73x | $-12.52 Million |
| 2012 | 6.91% | 3.21% | 1.34x | 1.61x | $-14.79 Million |
| 2013 | 5.86% | 2.61% | 1.44x | 1.57x | $-27.47 Million |
| 2014 | 4.02% | 1.35% | 1.52x | 1.96x | $-45.58 Million |
| 2015 | -19.39% | -11.87% | 1.02x | 1.60x | $-242.32 Million |
| 2016 | -5.28% | -3.47% | 0.99x | 1.54x | $-141.65 Million |
| 2017 | -3.91% | -1.47% | 1.49x | 1.79x | $-121.65 Million |
| 2018 | 2.36% | 0.68% | 1.86x | 1.88x | $-64.50 Million |
| 2019 | 0.02% | 0.01% | 1.86x | 2.11x | $-77.78 Million |
| 2020 | -12.75% | -4.78% | 1.28x | 2.08x | $-155.56 Million |
| 2021 | -18.44% | -5.42% | 1.28x | 2.66x | $-314.60 Million |
| 2022 | 14.53% | 2.30% | 2.82x | 2.24x | $57.40 Million |
| 2023 | 16.44% | 2.37% | 2.90x | 2.40x | $76.40 Million |
| 2024 | 55.85% | 5.45% | 4.68x | 2.19x | $477.80 Million |
Industry Comparison
This section compares Secure Energy Services Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $106,965,087
- Average return on equity (ROE) among peers: -26.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Secure Energy Services Inc (SECYF) | $777.00 Million | -1.84% | 2.28x | $1.74 Billion |
| American Battery Technology Company Common Stock (ABAT) | $-518.99K | 0.00% | 0.00x | $409.20 Million |
| Agilyx AS (AGXXF) | $7.06 Million | -311.75% | 2.48x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $65.12 Million | 0.00% | 2.26x | $5.74 Million |
| Anaergia Inc (ANRGF) | $7.17 Million | 121.67% | 44.10x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $49.59 Million | -90.33% | 0.40x | $12.07 Million |
| Avalon Holdings Corporation (AWX) | $54.20 Million | 2.21% | 0.23x | $4.90 Million |
| BacTech Environmental Corporation (BCCEF) | $-2.80 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $877.36 Million | 6.61% | 1.22x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $6.08 Million | 7.76% | 1.55x | $27.18 Million |
| BQE Water Inc (BTQNF) | $6.41 Million | 3.77% | 0.31x | $25.45 Million |