ChampionX Corporation
ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. It operates in four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers onshore, offshore, and oil san… Read more
ChampionX Corporation (CHX) - Total Assets
Latest total assets as of March 2025: $3.50 Billion USD
Based on the latest financial reports, ChampionX Corporation (CHX) holds total assets worth $3.50 Billion USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
ChampionX Corporation - Total Assets Trend (2015–2024)
This chart illustrates how ChampionX Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ChampionX Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
ChampionX Corporation's total assets of $3.50 Billion consist of 45.1% current assets and 54.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.6% |
| Accounts Receivable | $466.78 Million | 13.5% |
| Inventory | $496.83 Million | 14.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $258.61 Million | 7.5% |
| Goodwill | $718.94 Million | 20.7% |
Asset Composition Trend (2015–2024)
This chart illustrates how ChampionX Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ChampionX Corporation's current assets represent 45.1% of total assets in 2024, an increase from 20.5% in 2015.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, up from 0.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 27.0% of total assets, a decrease from 112.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 20.7% of total assets.
ChampionX Corporation Competitors by Total Assets
Key competitors of ChampionX Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
ChampionX Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - ChampionX Corporation generates 1.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, ChampionX Corporation generates $9.23 in net profit.
ChampionX Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.25 | 1.83 | 2.25 |
| Quick Ratio | 1.62 | 1.16 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $983.89 Million | $ 668.97 Million | $ 700.20 Million |
ChampionX Corporation - Advanced Valuation Insights
This section examines the relationship between ChampionX Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.58 |
| Latest Market Cap to Assets Ratio | 1.41 |
| Asset Growth Rate (YoY) | 7.1% |
| Total Assets | $3.47 Billion |
| Market Capitalization | $4.89 Billion USD |
Valuation Analysis
Above Book Valuation: The market values ChampionX Corporation's assets above their book value (1.41 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: ChampionX Corporation's assets grew by 7.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for ChampionX Corporation (2015–2024)
The table below shows the annual total assets of ChampionX Corporation from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.47 Billion | +7.05% |
| 2023-12-31 | $3.24 Billion | -4.30% |
| 2022-12-31 | $3.39 Billion | -4.16% |
| 2021-12-31 | $3.53 Billion | +1.70% |
| 2020-12-31 | $3.48 Billion | +80.76% |
| 2019-12-31 | $1.92 Billion | -2.48% |
| 2018-12-31 | $1.97 Billion | +3.52% |
| 2017-12-31 | $1.90 Billion | +2.91% |
| 2016-12-31 | $1.85 Billion | -6.68% |
| 2015-12-31 | $1.98 Billion | -- |