Ensign Energy Services Inc (ESI) - Net Assets
Based on the latest financial reports, Ensign Energy Services Inc (ESI) has net assets worth CA$1.31 Billion CAD (≈ $948.59 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 (CA$2.75 Billion ≈ $1.99 Billion USD) and total liabilities (CA$1.44 Billion ≈ $1.04 Billion USD). 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. Check financial resilience of Ensign Energy Services Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.31 Billion |
| % of Total Assets | 47.67% |
| Annual Growth Rate | 13.41% |
| 5-Year Change | 0.33% |
| 10-Year Change | -34.36% |
| Growth Volatility | 23.87 |
Ensign Energy Services Inc - Net Assets Trend (1993–2024)
This chart illustrates how Ensign Energy Services Inc's net assets have evolved over time, based on quarterly financial data. Also explore Ensign Energy Services Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Ensign Energy Services Inc (1993–2024)
The table below shows the annual net assets of Ensign Energy Services Inc from 1993 to 2024. For live valuation and market cap data, see ESI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.37 Billion ≈ $990.70 Million |
+4.64% |
| 2023-12-31 | CA$1.31 Billion ≈ $946.74 Million |
+1.55% |
| 2022-12-31 | CA$1.29 Billion ≈ $932.28 Million |
+8.06% |
| 2021-12-31 | CA$1.19 Billion ≈ $862.75 Million |
-12.63% |
| 2020-12-31 | CA$1.37 Billion ≈ $987.44 Million |
-6.70% |
| 2019-12-31 | CA$1.46 Billion ≈ $1.06 Billion |
-18.30% |
| 2018-12-31 | CA$1.79 Billion ≈ $1.30 Billion |
+6.00% |
| 2017-12-31 | CA$1.69 Billion ≈ $1.22 Billion |
-7.81% |
| 2016-12-31 | CA$1.83 Billion ≈ $1.33 Billion |
-12.18% |
| 2015-12-31 | CA$2.09 Billion ≈ $1.51 Billion |
+2.02% |
| 2014-12-31 | CA$2.05 Billion ≈ $1.48 Billion |
+4.21% |
| 2013-12-31 | CA$1.96 Billion ≈ $1.42 Billion |
+5.63% |
| 2012-12-31 | CA$1.86 Billion ≈ $1.34 Billion |
+7.81% |
| 2011-12-31 | CA$1.72 Billion ≈ $1.25 Billion |
+9.71% |
| 2010-12-31 | CA$1.57 Billion ≈ $1.14 Billion |
+2.62% |
| 2009-12-31 | CA$1.53 Billion ≈ $1.11 Billion |
-1.31% |
| 2008-12-31 | CA$1.55 Billion ≈ $1.12 Billion |
+24.67% |
| 2007-12-31 | CA$1.24 Billion ≈ $900.04 Million |
+12.33% |
| 2006-12-31 | CA$1.11 Billion ≈ $801.22 Million |
+43.49% |
| 2005-12-31 | CA$771.90 Million ≈ $558.38 Million |
+18.80% |
| 2004-12-31 | CA$649.74 Million ≈ $470.01 Million |
+15.27% |
| 2003-12-31 | CA$563.66 Million ≈ $407.74 Million |
+18.55% |
| 2002-12-31 | CA$475.48 Million ≈ $343.95 Million |
+10.05% |
| 2001-12-31 | CA$432.06 Million ≈ $312.54 Million |
+27.58% |
| 2000-12-31 | CA$338.65 Million ≈ $244.98 Million |
+31.87% |
| 1999-12-31 | CA$256.80 Million ≈ $185.77 Million |
-1.95% |
| 1998-12-31 | CA$261.90 Million ≈ $189.45 Million |
+76.24% |
| 1997-12-31 | CA$148.60 Million ≈ $107.49 Million |
+75.44% |
| 1996-12-31 | CA$84.70 Million ≈ $61.27 Million |
+36.61% |
| 1995-12-31 | CA$62.00 Million ≈ $44.85 Million |
+32.48% |
| 1994-12-31 | CA$46.80 Million ≈ $33.85 Million |
+68.95% |
| 1993-12-31 | CA$27.70 Million ≈ $20.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ensign 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 6966.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$742.01 Million | 54.18% |
| Common Stock | CA$267.99 Million | 19.57% |
| Other Comprehensive Income | CA$336.19 Million | 24.55% |
| Other Components | CA$23.35 Million | 1.71% |
| Total Equity | CA$1.37 Billion | 100.00% |
Ensign Energy Services Inc Competitors by Market Cap
The table below lists competitors of Ensign Energy Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IDI S.C.A.
PA:IDIP
|
$523.70 Million |
|
Shandong Homey Aquatic Development Co Ltd
SHG:600467
|
$523.78 Million |
|
Zhejiang Jinlihua Electric Co
SHE:300069
|
$523.90 Million |
|
Liaoning Shenhua Holdings Co Ltd
SHG:600653
|
$524.06 Million |
|
Gray Television Inc
NYSE:GTN
|
$523.55 Million |
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
$523.48 Million |
|
Zhanjiang Guolian Aquatic Products
SHE:300094
|
$523.32 Million |
|
Unifique Telecomunicações S.A.
SA:FIQE3
|
$523.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ensign Energy Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,308,762,000 to 1,369,539,000, a change of 60,777,000 (4.6%).
- Net loss of 20,754,000 reduced equity.
- Share repurchases of 2,173,000 reduced equity.
- Other comprehensive income increased equity by 81,422,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-20.75 Million | -1.52% |
| Share Repurchases | CA$2.17 Million | -0.16% |
| Other Comprehensive Income | CA$81.42 Million | +5.95% |
| Other Changes | CA$2.28 Million | +0.17% |
| Total Change | CA$- | 4.64% |
Book Value vs Market Value Analysis
This analysis compares Ensign 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: 0.53x
- 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 16.91x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CA$0.23 | CA$3.95 | x |
| 1994-12-31 | CA$0.39 | CA$3.95 | x |
| 1995-12-31 | CA$0.53 | CA$3.95 | x |
| 1996-12-31 | CA$0.69 | CA$3.95 | x |
| 1997-12-31 | CA$1.18 | CA$3.95 | x |
| 1998-12-31 | CA$1.90 | CA$3.95 | x |
| 1999-12-31 | CA$2.31 | CA$3.95 | x |
| 2000-12-31 | CA$2.66 | CA$3.95 | x |
| 2001-12-31 | CA$2.87 | CA$3.95 | x |
| 2002-12-31 | CA$3.17 | CA$3.95 | x |
| 2003-12-31 | CA$3.67 | CA$3.95 | x |
| 2004-12-31 | CA$4.21 | CA$3.95 | x |
| 2005-12-31 | CA$4.96 | CA$3.95 | x |
| 2006-12-31 | CA$7.07 | CA$3.95 | x |
| 2007-12-31 | CA$8.06 | CA$3.95 | x |
| 2008-12-31 | CA$10.05 | CA$3.95 | x |
| 2009-12-31 | CA$9.99 | CA$3.95 | x |
| 2010-12-31 | CA$10.25 | CA$3.95 | x |
| 2011-12-31 | CA$11.26 | CA$3.95 | x |
| 2012-12-31 | CA$12.14 | CA$3.95 | x |
| 2013-12-31 | CA$12.78 | CA$3.95 | x |
| 2014-12-31 | CA$13.35 | CA$3.95 | x |
| 2015-12-31 | CA$13.68 | CA$3.95 | x |
| 2016-12-31 | CA$11.96 | CA$3.95 | x |
| 2017-12-31 | CA$10.78 | CA$3.95 | x |
| 2018-12-31 | CA$10.94 | CA$3.95 | x |
| 2019-12-31 | CA$9.17 | CA$3.95 | x |
| 2020-12-31 | CA$8.44 | CA$3.95 | x |
| 2021-12-31 | CA$7.34 | CA$3.95 | x |
| 2022-12-31 | CA$7.30 | CA$3.95 | x |
| 2023-12-31 | CA$7.07 | CA$3.95 | x |
| 2024-12-31 | CA$7.42 | CA$3.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ensign 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): -1.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.23%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.13x
- Recent ROE (-1.52%) is below the historical average (12.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 29.96% | 8.95% | 1.35x | 2.47x | CA$5.53 Million |
| 1994 | 41.03% | 10.98% | 1.54x | 2.43x | CA$14.52 Million |
| 1995 | 27.58% | 9.46% | 1.63x | 1.79x | CA$10.90 Million |
| 1996 | 30.46% | 10.51% | 1.04x | 2.77x | CA$17.33 Million |
| 1997 | 45.76% | 13.14% | 1.54x | 2.27x | CA$53.14 Million |
| 1998 | 18.63% | 11.65% | 1.01x | 1.59x | CA$22.61 Million |
| 1999 | 11.60% | 8.00% | 0.76x | 1.91x | CA$4.12 Million |
| 2000 | 25.69% | 12.95% | 1.11x | 1.79x | CA$53.13 Million |
| 2001 | 23.34% | 13.13% | 1.19x | 1.49x | CA$57.62 Million |
| 2002 | 10.88% | 7.94% | 0.75x | 1.83x | CA$4.20 Million |
| 2003 | 17.57% | 10.66% | 0.90x | 1.82x | CA$42.66 Million |
| 2004 | 18.29% | 11.22% | 0.93x | 1.75x | CA$53.88 Million |
| 2005 | 21.98% | 11.16% | 1.00x | 1.97x | CA$92.47 Million |
| 2006 | 30.81% | 18.88% | 1.03x | 1.59x | CA$230.52 Million |
| 2007 | 20.07% | 15.83% | 0.88x | 1.44x | CA$125.34 Million |
| 2008 | 16.76% | 15.24% | 0.77x | 1.44x | CA$104.84 Million |
| 2009 | 8.19% | 11.03% | 0.53x | 1.39x | CA$-27.64 Million |
| 2010 | 7.73% | 8.96% | 0.60x | 1.43x | CA$-35.66 Million |
| 2011 | 12.32% | 11.24% | 0.62x | 1.77x | CA$40.05 Million |
| 2012 | 11.71% | 9.90% | 0.72x | 1.65x | CA$31.73 Million |
| 2013 | 6.57% | 6.14% | 0.62x | 1.73x | CA$-67.39 Million |
| 2014 | 3.48% | 3.06% | 0.62x | 1.82x | CA$-133.40 Million |
| 2015 | -4.99% | -7.48% | 0.39x | 1.72x | CA$-312.71 Million |
| 2016 | -8.21% | -17.51% | 0.27x | 1.75x | CA$-333.77 Million |
| 2017 | -2.23% | -3.76% | 0.34x | 1.75x | CA$-206.58 Million |
| 2018 | 3.39% | 5.04% | 0.30x | 2.27x | CA$-113.56 Million |
| 2019 | -11.17% | -10.27% | 0.46x | 2.37x | CA$-309.76 Million |
| 2020 | -4.89% | -7.12% | 0.31x | 2.24x | CA$-203.24 Million |
| 2021 | -13.08% | -15.67% | 0.33x | 2.50x | CA$-275.27 Million |
| 2022 | 0.63% | 0.52% | 0.50x | 2.47x | CA$-120.75 Million |
| 2023 | 3.15% | 2.30% | 0.61x | 2.25x | CA$-89.64 Million |
| 2024 | -1.52% | -1.23% | 0.58x | 2.13x | CA$-157.71 Million |
Industry Comparison
This section compares Ensign Energy Services Inc's net assets metrics with peer companies in the Oil & Gas Drilling industry.
Industry Context
- Industry: Oil & Gas Drilling
- Average net assets among peers: $219,123,936
- Average return on equity (ROE) among peers: 1.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ensign Energy Services Inc (ESI) | CA$1.31 Billion | 29.96% | 1.10x | $523.66 Million |
| ACT Energy Technologies Ltd. (ACX) | $16.38 Million | 20.69% | 0.52x | $162.66 Million |
| Precision Drilling Corporation (PD) | $696.60 Million | 16.87% | 0.72x | $1.20 Billion |
| PHX Energy Services Corporation (PHX) | $115.09 Million | 15.38% | 1.30x | $392.59 Million |
| Stampede Drilling Inc (SDI) | $457.52K | -13.26% | 0.03x | $30.37 Million |
| Western Energy Services Corp. (WRG) | $267.09 Million | -30.34% | 1.06x | $76.14 Million |
About Ensign Energy Services Inc
Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the oil and natural gas industries in Canada, the United States, and internationally. It offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applicatio… Read more