Ensign Energy Services Inc (ESI) - Net Assets

Latest as of March 2026: CA$1.29 Billion CAD ≈ $933.93 Million USD

Based on the latest financial reports, Ensign Energy Services Inc (ESI) has net assets worth CA$1.29 Billion CAD (≈ $933.93 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.68 Billion ≈ $1.94 Billion USD) and total liabilities (CA$1.39 Billion ≈ $1.01 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 Ensign Energy Services Inc (ESI) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$1.29 Billion
% of Total Assets 48.11%
Annual Growth Rate 12.74%
5-Year Change 7.64%
10-Year Change -29.95%
Growth Volatility 23.8

Ensign Energy Services Inc - Net Assets Trend (1993–2025)

This chart illustrates how Ensign Energy Services Inc's net assets have evolved over time, based on quarterly financial data. See Ensign Energy Services Inc (ESI) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ensign Energy Services Inc (1993–2025)

The table below shows the annual net assets of Ensign Energy Services Inc from 1993 to 2025. For live valuation and market cap data, see ESI company net worth.

Year Net Assets Change
2025-12-31 CA$1.28 Billion
≈ $928.64 Million
-6.26%
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 6597.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CA$703.25 Million 54.78%
Common Stock CA$268.18 Million 20.89%
Other Comprehensive Income CA$289.01 Million 22.51%
Other Components CA$23.30 Million 1.82%
Total Equity CA$1.28 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
D&O Home Collection Co Ltd
SHE:002798
$484.14 Million
Shandong Xingmin Wheel Co Ltd
SHE:002355
$484.21 Million
Tande Co Ltd
SHG:600665
$484.30 Million
POET Technologies Inc
V:PTK
$484.32 Million
CJ Corp 4P Pref 
KO:00104K
$483.98 Million
Bumi Armada Bhd
KLSE:5210
$483.70 Million
Skjern Bank A/S
CO:SKJE
$483.67 Million
HANGZHOU TIGERMED CO. H 1
F:5HZ1
$483.66 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 2024 to 2025, total equity changed from 1,369,539,000 to 1,283,738,000, a change of -85,801,000 (-6.3%).
  • Net loss of 38,760,000 reduced equity.
  • Share repurchases of 2,366,000 reduced equity.
  • Other comprehensive income decreased equity by 47,177,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-38.76 Million -3.02%
Share Repurchases CA$2.37 Million -0.18%
Other Comprehensive Income CA$-47.18 Million -3.67%
Other Changes CA$2.50 Million +0.19%
Total Change CA$- -6.26%

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: 0.52x
  • 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 15.54x to 0.52x 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$3.63 x
1994-12-31 CA$0.39 CA$3.63 x
1995-12-31 CA$0.53 CA$3.63 x
1996-12-31 CA$0.69 CA$3.63 x
1997-12-31 CA$1.18 CA$3.63 x
1998-12-31 CA$1.90 CA$3.63 x
1999-12-31 CA$2.31 CA$3.63 x
2000-12-31 CA$2.66 CA$3.63 x
2001-12-31 CA$2.87 CA$3.63 x
2002-12-31 CA$3.17 CA$3.63 x
2003-12-31 CA$3.67 CA$3.63 x
2004-12-31 CA$4.21 CA$3.63 x
2005-12-31 CA$4.96 CA$3.63 x
2006-12-31 CA$7.07 CA$3.63 x
2007-12-31 CA$8.06 CA$3.63 x
2008-12-31 CA$10.05 CA$3.63 x
2009-12-31 CA$9.99 CA$3.63 x
2010-12-31 CA$10.25 CA$3.63 x
2011-12-31 CA$11.26 CA$3.63 x
2012-12-31 CA$12.14 CA$3.63 x
2013-12-31 CA$12.78 CA$3.63 x
2014-12-31 CA$13.35 CA$3.63 x
2015-12-31 CA$13.68 CA$3.63 x
2016-12-31 CA$11.96 CA$3.63 x
2017-12-31 CA$10.78 CA$3.63 x
2018-12-31 CA$10.94 CA$3.63 x
2019-12-31 CA$9.17 CA$3.63 x
2020-12-31 CA$8.44 CA$3.63 x
2021-12-31 CA$7.34 CA$3.63 x
2022-12-31 CA$7.30 CA$3.63 x
2023-12-31 CA$7.07 CA$3.63 x
2024-12-31 CA$7.42 CA$3.63 x
2025-12-31 CA$6.97 CA$3.63 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): -3.02%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.37%
  • • Asset Turnover: 0.62x
  • • Equity Multiplier: 2.06x
  • Recent ROE (-3.02%) is below the historical average (12.08%), 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$-157.71 Million
2025 -3.02% -2.37% 0.62x 2.06x CA$-167.13 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: $319,812,658
  • Average return on equity (ROE) among peers: 22.72%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ensign Energy Services Inc (ESI) CA$1.29 Billion 29.96% 1.08x $484.08 Million
ACT Energy Technologies Ltd. (ACX) $42.50 Million -20.29% 0.77x $150.80 Million
Precision Drilling Corporation (PD) $1.07 Billion 151.74% 0.60x $1.15 Billion
PHX Energy Services Corporation (PHX) $91.45 Million 12.47% 0.26x $353.41 Million
Stampede Drilling Inc (SDI) $36.72 Million -18.72% 0.16x $30.51 Million
Western Energy Services Corp. (WRG) $353.80 Million -11.61% 0.89x $78.36 Million

About Ensign Energy Services Inc

TO:ESI Canada Oil & Gas Drilling
Market Cap
$484.08 Million
CA$669.19 Million CAD
Market Cap Rank
#12627 Global
#369 in Canada
Share Price
CA$3.63
Change (1 day)
-5.22%
52-Week Range
CA$2.05 - CA$4.74
All Time High
CA$6.00
About

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 directional, underbalanced, and managed pressure drilling; and equipment and services. The company also provides … Read more