Total Energy Services Inc. (TOT) - Net Assets

Latest as of March 2026: CA$623.55 Million CAD ≈ $451.07 Million USD

Based on the latest financial reports, Total Energy Services Inc. (TOT) has net assets worth CA$623.55 Million CAD (≈ $451.07 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$1.07 Billion ≈ $773.87 Million USD) and total liabilities (CA$446.23 Million ≈ $322.80 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. (TOT) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$623.55 Million
% of Total Assets 58.29%
Annual Growth Rate 13.69%
5-Year Change 21.86%
10-Year Change 65.06%
Growth Volatility 18.14

Total Energy Services Inc. - Net Assets Trend (1998–2025)

This chart illustrates how Total Energy Services Inc.'s net assets have evolved over time, based on quarterly financial data. See TOT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Total Energy Services Inc. (1998–2025)

The table below shows the annual net assets of Total Energy Services Inc. from 1998 to 2025. For live valuation and market cap data, see market cap of Total Energy Services Inc..

Year Net Assets Change
2025-12-31 CA$601.31 Million
≈ $434.98 Million		 +5.30%
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 63829.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CA$383.57 Million 63.83%
Common Stock CA$228.04 Million 37.95%
Other Comprehensive Income CA$-16.52 Million -2.75%
Other Components CA$5.84 Million 0.97%
Total Equity CA$600.93 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
PetroVietnam Fertilizer and Chemicals Corp
VN:DPM
 $610.95 Million
Addnode Group AB (publ)
ST:ANOD-B
 $611.13 Million
Shenzhen Riland Industry Co
SHE:300154
 $611.13 Million
Neogen Chemicals Limited
NSE:NEOGEN
 $611.32 Million
Mrs. Bectors Food Specialities Limited
NSE:BECTORFOOD
 $610.78 Million
Getein Biotech Inc
SHG:603387
 $610.77 Million
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
 $610.69 Million
MAS Financial Services Limited
NSE:MASFIN
 $610.49 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 2024 to 2025, total equity changed from 570,798,000 to 600,934,000, a change of 30,136,000 (5.3%).
  • Net income of 74,217,000 contributed positively to equity growth.
  • Dividend payments of 14,647,000 reduced retained earnings.
  • Share repurchases of 24,158,000 reduced equity.
  • Other comprehensive income decreased equity by 5,304,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$74.22 Million +12.35%
Dividends Paid CA$14.65 Million -2.44%
Share Repurchases CA$24.16 Million -4.02%
Other Comprehensive Income CA$-5.30 Million -0.88%
Other Changes CA$28.00K +0.0%
Total Change CA$- 5.28%

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: 1.46x
  • 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 20.42x to 1.46x 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$23.03 x
1999-12-31 CA$0.97 CA$23.03 x
2000-12-31 CA$1.21 CA$23.03 x
2001-12-31 CA$1.50 CA$23.03 x
2002-12-31 CA$1.64 CA$23.03 x
2003-12-31 CA$2.24 CA$23.03 x
2004-12-31 CA$2.67 CA$23.03 x
2005-12-31 CA$4.16 CA$23.03 x
2006-12-31 CA$4.56 CA$23.03 x
2007-12-31 CA$4.54 CA$23.03 x
2008-12-31 CA$5.01 CA$23.03 x
2009-12-31 CA$5.35 CA$23.03 x
2010-12-31 CA$6.60 CA$23.03 x
2011-12-31 CA$7.88 CA$23.03 x
2012-12-31 CA$8.82 CA$23.03 x
2013-12-31 CA$10.99 CA$23.03 x
2014-12-31 CA$11.01 CA$23.03 x
2015-12-31 CA$12.36 CA$23.03 x
2016-12-31 CA$11.76 CA$23.03 x
2017-12-31 CA$13.00 CA$23.03 x
2018-12-31 CA$12.15 CA$23.03 x
2019-12-31 CA$11.93 CA$23.03 x
2020-12-31 CA$11.32 CA$23.03 x
2021-12-31 CA$11.03 CA$23.03 x
2022-12-31 CA$12.13 CA$23.03 x
2023-12-31 CA$12.89 CA$23.03 x
2024-12-31 CA$14.39 CA$23.03 x
2025-12-31 CA$15.83 CA$23.03 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): 12.35%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.97%
  • • Asset Turnover: 1.06x
  • • Equity Multiplier: 1.66x
  • Recent ROE (12.35%) is above the historical average (11.69%), indicating improving 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
2025 12.35% 6.97% 1.06x 1.66x CA$14.12 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: $266,286,537
  • Average return on equity (ROE) among peers: 34.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Total Energy Services Inc. (TOT) CA$623.55 Million 2.66% 0.72x $610.82 Million
Bri-Chem Corp. (BRY) $22.41 Million 38.58% 2.50x $7.65 Million
CES Energy Solutions Corp (CEU) $215.42 Million 12.94% 0.65x $2.50 Billion
Calfrac Well Services Ltd. (CFW) $30.20 Million 165.89% 4.44x $465.47 Million
Enterprise Group Inc (E) $15.87 Million -77.32% 0.88x $74.63 Million
Enerflex Ltd. (EFX) $931.66 Million 6.00% 0.52x $2.31 Billion
HTC Purenergy Inc. (HTC) $23.67 Million 17.15% 0.28x $1.03 Million
High Arctic Energy Services Inc. (HWO) $21.11 Million 134.14% 0.46x $8.08 Million
Mattr Corp (MATR) $1.01 Billion 17.74% 0.92x $555.42 Million
Mccoy Global Inc (MCB) $40.01 Million 10.19% 0.38x $46.35 Million
North American Construction Group Ltd (NOA) $356.65 Million 17.70% 3.34x $394.65 Million

About Total Energy Services Inc.

TO:TOT Canada Oil & Gas Equipment & Services
Market Cap
$610.82 Million
CA$844.39 Million CAD
Market Cap Rank
#11419 Global
#333 in Canada
Share Price
CA$23.03
Change (1 day)
-4.36%
52-Week Range
CA$10.62 - CA$27.24
All Time High
CA$27.24
Categories
Companies in Canada Oil & Gas Equipment & Services
About

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