Total Energy Services Inc. (TOT) - Net Assets

Latest as of September 2025: CA$594.11 Million CAD ≈ $429.77 Million USD

Based on the latest financial reports, Total Energy Services Inc. (TOT) has net assets worth CA$594.11 Million CAD (≈ $429.77 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$1.02 Billion ≈ $734.52 Million USD) and total liabilities (CA$421.28 Million ≈ $304.74 Million 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 Total Energy Services Inc. liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$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. Also explore how large is Total Energy Services Inc.'s balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Total Energy Services Inc..

Year	Net Assets	Change
2024-12-31	CA$571.04 Million ≈ $413.08 Million	+7.59%
2023-12-31	CA$530.76 Million ≈ $383.94 Million	+1.67%
2022-12-31	CA$522.02 Million ≈ $377.62 Million	+5.79%
2021-12-31	CA$493.44 Million ≈ $356.94 Million	-3.43%
2020-12-31	CA$510.99 Million ≈ $369.64 Million	-5.92%
2019-12-31	CA$543.14 Million ≈ $392.90 Million	-3.11%
2018-12-31	CA$560.58 Million ≈ $405.51 Million	+2.56%
2017-12-31	CA$546.57 Million ≈ $395.38 Million	+50.03%
2016-12-31	CA$364.30 Million ≈ $263.53 Million	-4.97%
2015-12-31	CA$383.33 Million ≈ $277.30 Million	+0.33%
2014-12-31	CA$382.06 Million ≈ $276.38 Million	+12.17%
2013-12-31	CA$340.61 Million ≈ $246.39 Million	+11.29%
2012-12-31	CA$306.07 Million ≈ $221.41 Million	+11.17%
2011-12-31	CA$275.32 Million ≈ $199.16 Million	+32.72%
2010-12-31	CA$207.44 Million ≈ $150.06 Million	+33.29%
2009-12-31	CA$155.63 Million ≈ $112.58 Million	+5.60%
2008-12-31	CA$147.38 Million ≈ $106.61 Million	+9.33%
2007-12-31	CA$134.80 Million ≈ $97.51 Million	-1.38%
2006-12-31	CA$136.69 Million ≈ $98.88 Million	+15.78%
2005-12-31	CA$118.06 Million ≈ $85.40 Million	+57.81%
2004-12-31	CA$74.81 Million ≈ $54.11 Million	+27.46%
2003-12-31	CA$58.69 Million ≈ $42.46 Million	+47.73%
2002-12-31	CA$39.73 Million ≈ $28.74 Million	+17.70%
2001-12-31	CA$33.75 Million ≈ $24.42 Million	+18.44%
2000-12-31	CA$28.50 Million ≈ $20.62 Million	+47.67%
1999-12-31	CA$19.30 Million ≈ $13.96 Million	+2.66%
1998-12-31	CA$18.80 Million ≈ $13.60 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	CA$337.47 Million	59.12%
Common Stock	CA$239.27 Million	41.92%
Other Comprehensive Income	CA$-11.22 Million	-1.97%
Other Components	CA$5.28 Million	0.92%
Total Equity	CA$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
WhiteFiber, Inc. Ordinary Shares NASDAQ:WYFI	$629.79 Million
Thanh Thanh Cong Tay Ninh JSC VN:SBT	$629.79 Million
Zhewen Pictures Group Co Ltd SHG:601599	$630.05 Million
Südwestdeutsche Salzwerke AG F:SSH	$630.45 Million
Tianjin Lisheng Pharmaceutical Co Ltd SHE:002393	$629.47 Million
Holike SHG:603898	$629.18 Million
Thesis Gold Inc V:TAU	$629.16 Million
Changchun Zhiyuan New Energy Equipment Co. Ltd SHE:300985	$629.10 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	CA$60.80 Million	+10.65%
Dividends Paid	CA$13.74 Million	-2.41%
Share Repurchases	CA$21.47 Million	-3.76%
Other Comprehensive Income	CA$14.29 Million	+2.5%
Other Changes	CA$690.00K	+0.12%
Total Change	CA$-	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: 1.69x
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 21.54x to 1.69x 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	CA$1.13	CA$24.30	x
1999-12-31	CA$0.97	CA$24.30	x
2000-12-31	CA$1.21	CA$24.30	x
2001-12-31	CA$1.50	CA$24.30	x
2002-12-31	CA$1.64	CA$24.30	x
2003-12-31	CA$2.24	CA$24.30	x
2004-12-31	CA$2.67	CA$24.30	x
2005-12-31	CA$4.16	CA$24.30	x
2006-12-31	CA$4.56	CA$24.30	x
2007-12-31	CA$4.54	CA$24.30	x
2008-12-31	CA$5.01	CA$24.30	x
2009-12-31	CA$5.35	CA$24.30	x
2010-12-31	CA$6.60	CA$24.30	x
2011-12-31	CA$7.88	CA$24.30	x
2012-12-31	CA$8.82	CA$24.30	x
2013-12-31	CA$10.99	CA$24.30	x
2014-12-31	CA$11.01	CA$24.30	x
2015-12-31	CA$12.36	CA$24.30	x
2016-12-31	CA$11.76	CA$24.30	x
2017-12-31	CA$13.00	CA$24.30	x
2018-12-31	CA$12.15	CA$24.30	x
2019-12-31	CA$11.93	CA$24.30	x
2020-12-31	CA$11.32	CA$24.30	x
2021-12-31	CA$11.03	CA$24.30	x
2022-12-31	CA$12.13	CA$24.30	x
2023-12-31	CA$12.89	CA$24.30	x
2024-12-31	CA$14.39	CA$24.30	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	CA$-1.38 Million
1999	-1.04%	-0.91%	0.49x	2.33x	CA$-2.13 Million
2000	17.38%	10.82%	0.73x	2.19x	CA$2.10 Million
2001	21.81%	12.57%	0.80x	2.18x	CA$3.99 Million
2002	9.12%	7.99%	0.54x	2.12x	CA$-348.90K
2003	19.60%	14.39%	0.73x	1.87x	CA$5.64 Million
2004	21.35%	15.03%	0.78x	1.81x	CA$8.49 Million
2005	26.91%	20.17%	0.77x	1.74x	CA$19.96 Million
2006	39.93%	26.93%	0.95x	1.56x	CA$40.91 Million
2007	22.89%	22.76%	0.59x	1.70x	CA$17.38 Million
2008	17.19%	16.40%	0.62x	1.68x	CA$10.60 Million
2009	7.48%	10.93%	0.45x	1.51x	CA$-3.92 Million
2010	19.26%	18.03%	0.64x	1.67x	CA$19.21 Million
2011	25.16%	20.86%	0.76x	1.58x	CA$41.73 Million
2012	15.58%	15.50%	0.65x	1.56x	CA$17.09 Million
2013	10.95%	10.99%	0.65x	1.52x	CA$3.25 Million
2014	13.95%	12.45%	0.72x	1.56x	CA$15.10 Million
2015	2.26%	3.06%	0.53x	1.39x	CA$-29.68 Million
2016	-3.27%	-6.02%	0.38x	1.43x	CA$-48.34 Million
2017	-0.35%	-0.32%	0.57x	1.96x	CA$-56.45 Million
2018	4.36%	2.87%	0.79x	1.92x	CA$-31.58 Million
2019	1.94%	1.39%	0.76x	1.84x	CA$-43.81 Million
2020	-5.97%	-8.33%	0.43x	1.66x	CA$-81.49 Million
2021	-0.09%	-0.10%	0.53x	1.65x	CA$-49.72 Million
2022	7.29%	5.00%	0.86x	1.68x	CA$-14.14 Million
2023	7.85%	4.66%	1.04x	1.63x	CA$-11.40 Million
2024	10.65%	6.71%	0.97x	1.64x	CA$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: $250,452,260
Average return on equity (ROE) among peers: -15.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Total Energy Services Inc. (TOT)	CA$594.11 Million	2.66%	0.71x	$629.72 Million
Bri-Chem Corp. (BRY)	$35.24 Million	-40.74%	1.10x	$6.61 Million
CES Energy Solutions Corp (CEU)	$609.05 Million	15.63%	1.32x	$2.92 Billion
Calfrac Well Services Ltd. (CFW)	$328.84 Million	-25.18%	1.72x	$387.05 Million
Enterprise Group Inc (E)	$51.99 Million	-1.80%	0.57x	$83.04 Million
Enerflex Ltd. (EFX)	$1.02 Billion	6.90%	1.10x	$2.31 Billion
HTC Purenergy Inc. (HTC)	$21.80 Million	-16.58%	0.56x	$1.03 Million
High Arctic Energy Services Inc. (HWO)	$115.23 Million	-31.75%	0.16x	$7.90 Million
Mattr Corp (MATR)	$134.80 Million	10.46%	0.33x	$421.70 Million
Mccoy Global Inc (MCB)	$59.80 Million	-60.07%	0.17x	$50.41 Million
North American Construction Group Ltd (NOA)	$127.78 Million	-16.56%	4.87x	$400.31 Million

About Total Energy Services Inc.

TO:TOT Canada Oil & Gas Equipment & Services

Market Cap

$647.34 Million

CA$894.87 Million CAD

Market Cap Rank

#11360 Global

#321 in Canada

Share Price

CA$24.30

Change (1 day)

+3.32%

52-Week Range

CA$8.95 - CA$24.30

All Time High

CA$24.30