Secure Energy Services Inc. Tangible Net Worth Ratio
Secure Energy Services Inc. tangible net worth ratio. Secure Energy Services Inc. (SES) has a Tangible Net Worth Ratio of 87.2% as of June 2026. This metric is calculated by deducting intangible assets (CA$103.00 Million) from net assets (CA$804.00 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Secure Energy Services Inc. PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Secure Energy Services Inc. (2008–2025)
Tangible net worth ratio of Secure Energy Services Inc. from 2008 to 2025. This chart shows how Secure Energy Services Inc.'s Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of June 2026, the ratio stands at 87.2%, reflecting net assets of CA$804.00 Million with intangible assets of CA$103.00 Million CAD. See SES current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Secure Energy Services Inc. Tangible Net Worth Ratio by Year (2008–2025)
Secure Energy Services Inc. tangible net worth ratio by year from 2008 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Secure Energy Services Inc. from 2008 to 2025, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Secure Energy Services Inc. stock valuation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 86.1% | CA$792.00 Million | CA$110.00 Million | CA$2.53 Billion | ▼ -5.5 pp |
| 2024 | 91.7% | CA$1.04 Billion | CA$87.00 Million | CA$2.28 Billion | ▼ -2.6 pp |
| 2023 | 94.3% | CA$1.19 Billion | CA$68.00 Million | CA$2.84 Billion | ▲ +7.1 pp |
| 2022 | 87.1% | CA$1.27 Billion | CA$163.00 Million | CA$2.84 Billion | ▲ +3.4 pp |
| 2021 | 83.7% | CA$1.11 Billion | CA$180.00 Million | CA$2.94 Billion | ▼ -13.8 pp |
| 2020 | 97.5% | CA$717.00 Million | CA$18.00 Million | CA$1.38 Billion | ▲ +2.4 pp |
| 2019 | 95.1% | CA$812.64 Million | CA$39.67 Million | CA$1.65 Billion | ▼ -0.6 pp |
| 2018 | 95.7% | CA$844.32 Million | CA$36.26 Million | CA$1.58 Billion | ▲ +1.6 pp |
| 2017 | 94.1% | CA$874.49 Million | CA$51.21 Million | CA$1.56 Billion | ▲ +1.5 pp |
| 2016 | 92.7% | CA$927.05 Million | CA$68.04 Million | CA$1.43 Billion | ▲ +1.2 pp |
| 2015 | 91.5% | CA$824.51 Million | CA$70.32 Million | CA$1.32 Billion | ▲ +7.8 pp |
| 2014 | 83.7% | CA$762.29 Million | CA$124.10 Million | CA$1.50 Billion | ▼ -4.3 pp |
| 2013 | 88.0% | CA$664.33 Million | CA$79.72 Million | CA$1.04 Billion | ▲ +4.7 pp |
| 2012 | 83.3% | CA$478.40 Million | CA$79.66 Million | CA$767.91 Million | ▲ +4.1 pp |
| 2011 | 79.3% | CA$349.04 Million | CA$72.36 Million | CA$603.08 Million | ▼ -18.6 pp |
| 2010 | 97.9% | CA$153.77 Million | CA$3.23 Million | CA$192.98 Million | ▼ -1.8 pp |
| 2009 | 99.7% | CA$85.16 Million | CA$272.35K | CA$96.98 Million | ▲ +0.1 pp |
| 2008 | 99.6% | CA$82.96 Million | CA$341.88K | CA$97.89 Million | — |