ChampionX Corporation (CHX) - Total Assets
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. Check ChampionX Corporation total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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. Check ChampionX Corporation cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see CHX market cap.
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 |
|---|---|---|
|
Ginting Jaya Energi
JK:WOWS
|
Indonesia | Rp647.65 Billion |
|
PBG SA
WAR:PBG
|
Poland | zł22.52 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
HTC Purenergy Inc.
V:HTC
|
Canada | CA$256.89K |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €879.42 Million |
|
Exmar NV
BR:EXM
|
Belgium | €903.34 Million |
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 | 1.42 |
| Asset Growth Rate (YoY) | 7.1% |
| Total Assets | $3.47 Billion |
| Market Capitalization | $4.94 Billion USD |
Valuation Analysis
Above Book Valuation: The market values ChampionX Corporation's assets above their book value (1.42x), 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 | -- |
About 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