Secure Energy Services Inc. (SES) — 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. Also explore Secure Energy Services Inc. (SES) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Secure Energy Services Inc. Tangible Net Worth Ratio (2008–2025)
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. For live market cap and overall valuation, see Secure Energy Services Inc. (SES) total market value.
Annual Tangible Net Worth Ratio for Secure Energy Services Inc. (2008–2025)
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. Explore Secure Energy Services Inc. (SES) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |