Total Energy Services Inc
Total Energy Services Inc. operates as an energy services company primarily in Canada, the United States, Australia, and internationally. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services, and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by a fleet of owned to… Read more
Total Energy Services Inc (TOTZF) - Net Assets
Latest net assets as of September 2025: $594.11 Million USD
Based on the latest financial reports, Total Energy Services Inc (TOTZF) has net assets worth $594.11 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 ($1.02 Billion) and total liabilities ($421.28 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 | $594.11 Million |
| % of Total Assets | 58.51% |
| Annual Growth Rate | 14.03% |
| 5-Year Change | 11.75% |
| 10-Year Change | 48.97% |
| Growth Volatility | 18.38 |
Total Energy Services Inc - Net Assets Trend (1998–2024)
This chart illustrates how Total 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 Total Energy Services Inc (1998–2024)
The table below shows the annual net assets of Total Energy Services Inc from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $571.04 Million | +7.59% |
| 2023-12-31 | $530.76 Million | +1.67% |
| 2022-12-31 | $522.02 Million | +5.79% |
| 2021-12-31 | $493.44 Million | -3.43% |
| 2020-12-31 | $510.99 Million | -5.92% |
| 2019-12-31 | $543.14 Million | -3.11% |
| 2018-12-31 | $560.58 Million | +2.56% |
| 2017-12-31 | $546.57 Million | +50.03% |
| 2016-12-31 | $364.30 Million | -4.97% |
| 2015-12-31 | $383.33 Million | +0.33% |
| 2014-12-31 | $382.06 Million | +12.17% |
| 2013-12-31 | $340.61 Million | +11.29% |
| 2012-12-31 | $306.07 Million | +11.17% |
| 2011-12-31 | $275.32 Million | +32.72% |
| 2010-12-31 | $207.44 Million | +33.29% |
| 2009-12-31 | $155.63 Million | +5.60% |
| 2008-12-31 | $147.38 Million | +9.33% |
| 2007-12-31 | $134.80 Million | -1.38% |
| 2006-12-31 | $136.69 Million | +15.78% |
| 2005-12-31 | $118.06 Million | +57.81% |
| 2004-12-31 | $74.81 Million | +27.46% |
| 2003-12-31 | $58.69 Million | +47.73% |
| 2002-12-31 | $39.73 Million | +17.70% |
| 2001-12-31 | $33.75 Million | +18.44% |
| 2000-12-31 | $28.50 Million | +47.67% |
| 1999-12-31 | $19.30 Million | +2.66% |
| 1998-12-31 | $18.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Total 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 56144.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $337.47 Million | 59.12% |
| Common Stock | $239.27 Million | 41.92% |
| Other Comprehensive Income | $-11.22 Million | -1.97% |
| Other Components | $5.28 Million | 0.92% |
| Total Equity | $570.80 Million | 100.00% |
Total Energy Services Inc Competitors by Market Cap
The table below lists competitors of Total Energy Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongguan Chitwing Technology Co Ltd
SHE:002855
|
$182.92 Million |
|
Methode Electronics Inc
NYSE:MEI
|
$182.93 Million |
|
FM Mattsson Mora Group AB (publ)
ST:FMM-B
|
$182.97 Million |
|
Chang Chun Eurasia Group Co Ltd
SHG:600697
|
$182.98 Million |
|
Haypp Grp Ab
ST:HAYPP
|
$182.81 Million |
|
Ensign Energy Services Inc
PINK:ESVIF
|
$182.76 Million |
|
Collins Property Group
JSE:CPP
|
$182.60 Million |
|
Guangzhou Jet Bio-Filtration Co Ltd
SHG:688026
|
$182.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Total Energy Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 530,237,000 to 570,798,000, a change of 40,561,000 (7.6%).
- Net income of 60,801,000 contributed positively to equity growth.
- Dividend payments of 13,743,000 reduced retained earnings.
- Share repurchases of 21,474,000 reduced equity.
- Other comprehensive income increased equity by 14,287,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $60.80 Million | +10.65% |
| Dividends Paid | $13.74 Million | -2.41% |
| Share Repurchases | $21.47 Million | -3.76% |
| Other Comprehensive Income | $14.29 Million | +2.5% |
| Other Changes | $690.00K | +0.12% |
| Total Change | $- | 7.65% |
Book Value vs Market Value Analysis
This analysis compares Total 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: 0.44x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.66x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $1.13 | $6.38 | x |
| 1999-12-31 | $0.97 | $6.38 | x |
| 2000-12-31 | $1.21 | $6.38 | x |
| 2001-12-31 | $1.50 | $6.38 | x |
| 2002-12-31 | $1.64 | $6.38 | x |
| 2003-12-31 | $2.24 | $6.38 | x |
| 2004-12-31 | $2.67 | $6.38 | x |
| 2005-12-31 | $4.16 | $6.38 | x |
| 2006-12-31 | $4.56 | $6.38 | x |
| 2007-12-31 | $4.54 | $6.38 | x |
| 2008-12-31 | $5.01 | $6.38 | x |
| 2009-12-31 | $5.35 | $6.38 | x |
| 2010-12-31 | $6.60 | $6.38 | x |
| 2011-12-31 | $7.88 | $6.38 | x |
| 2012-12-31 | $8.82 | $6.38 | x |
| 2013-12-31 | $10.99 | $6.38 | x |
| 2014-12-31 | $11.01 | $6.38 | x |
| 2015-12-31 | $12.36 | $6.38 | x |
| 2016-12-31 | $11.76 | $6.38 | x |
| 2017-12-31 | $13.00 | $6.38 | x |
| 2018-12-31 | $12.15 | $6.38 | x |
| 2019-12-31 | $11.93 | $6.38 | x |
| 2020-12-31 | $11.32 | $6.38 | x |
| 2021-12-31 | $11.03 | $6.38 | x |
| 2022-12-31 | $12.13 | $6.38 | x |
| 2023-12-31 | $12.89 | $6.38 | x |
| 2024-12-31 | $14.45 | $6.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Total 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): 10.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.71%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.64x
- Recent ROE (10.65%) is below the historical average (11.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 2.66% | 2.30% | 0.54x | 2.12x | $-1.38 Million |
| 1999 | -1.04% | -0.91% | 0.49x | 2.33x | $-2.13 Million |
| 2000 | 17.38% | 10.82% | 0.73x | 2.19x | $2.10 Million |
| 2001 | 21.81% | 12.57% | 0.80x | 2.18x | $3.99 Million |
| 2002 | 9.12% | 7.99% | 0.54x | 2.12x | $-348.90K |
| 2003 | 19.60% | 14.39% | 0.73x | 1.87x | $5.64 Million |
| 2004 | 21.35% | 15.03% | 0.78x | 1.81x | $8.49 Million |
| 2005 | 26.91% | 20.17% | 0.77x | 1.74x | $19.96 Million |
| 2006 | 39.93% | 26.93% | 0.95x | 1.56x | $40.91 Million |
| 2007 | 22.89% | 22.76% | 0.59x | 1.70x | $17.38 Million |
| 2008 | 17.19% | 16.40% | 0.62x | 1.68x | $10.60 Million |
| 2009 | 7.48% | 10.93% | 0.45x | 1.51x | $-3.92 Million |
| 2010 | 19.26% | 18.03% | 0.64x | 1.67x | $19.21 Million |
| 2011 | 25.16% | 20.86% | 0.76x | 1.58x | $41.73 Million |
| 2012 | 15.58% | 15.50% | 0.65x | 1.56x | $17.09 Million |
| 2013 | 10.95% | 10.99% | 0.65x | 1.52x | $3.25 Million |
| 2014 | 13.95% | 12.45% | 0.72x | 1.56x | $15.10 Million |
| 2015 | 2.26% | 3.06% | 0.53x | 1.39x | $-29.68 Million |
| 2016 | -3.27% | -6.02% | 0.38x | 1.43x | $-48.34 Million |
| 2017 | -0.35% | -0.32% | 0.57x | 1.96x | $-56.45 Million |
| 2018 | 4.36% | 2.87% | 0.79x | 1.92x | $-31.58 Million |
| 2019 | 1.94% | 1.39% | 0.76x | 1.84x | $-43.81 Million |
| 2020 | -5.97% | -8.33% | 0.43x | 1.66x | $-81.49 Million |
| 2021 | -0.09% | -0.10% | 0.53x | 1.65x | $-49.72 Million |
| 2022 | 7.29% | 5.00% | 0.86x | 1.68x | $-14.14 Million |
| 2023 | 7.85% | 4.66% | 1.04x | 1.63x | $-11.40 Million |
| 2024 | 10.65% | 6.71% | 0.97x | 1.64x | $3.72 Million |
Industry Comparison
This section compares Total 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 |
|---|---|---|---|---|
| Total Energy Services Inc (TOTZF) | $594.11 Million | 2.66% | 0.71x | $182.85 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 |