ENGlobal Corporation
ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally. It operates in two segments, Commercial and Government Services. The Commercial segment provides multi-disciplined engineering services and fabrication relating to the development, management, and execution of projects requiring professiona… Read more
ENGlobal Corporation (ENG) - Total Assets
Latest total assets as of September 2024: $13.23 Million USD
Based on the latest financial reports, ENGlobal Corporation (ENG) holds total assets worth $13.23 Million USD as of September 2024.
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.
ENGlobal Corporation - Total Assets Trend (1997–2023)
This chart illustrates how ENGlobal Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ENGlobal Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
ENGlobal Corporation's total assets of $13.23 Million consist of 60.9% current assets and 39.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.3% |
| Accounts Receivable | $9.92 Million | 52.8% |
| Inventory | $105.00K | 0.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $720.00K | 3.8% |
Asset Composition Trend (1997–2023)
This chart illustrates how ENGlobal 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: ENGlobal Corporation's current assets represent 60.9% of total assets in 2023, a decrease from 81.5% in 1997.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2023, down from 9.3% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 1997.
- Asset Diversification: The largest asset category is accounts receivable at 52.8% of total assets.
ENGlobal Corporation Competitors by Total Assets
Key competitors of ENGlobal Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Hunan Investment Group Co Ltd
SHE:000548
|
China | CN¥2.46 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
ENGlobal 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 - ENGlobal Corporation generates 2.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ENGlobal Corporation is currently not profitable relative to its asset base.
ENGlobal 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 | 0.61 | 0.97 | 1.85 |
| Quick Ratio | 0.33 | 0.97 | 1.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.13 Million | $ -432.00K | $ 11.29 Million |
ENGlobal Corporation - Advanced Valuation Insights
This section examines the relationship between ENGlobal 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 | 1.33 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | -37.4% |
| Total Assets | $18.79 Million |
| Market Capitalization | $3.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values ENGlobal Corporation's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ENGlobal Corporation's assets decreased by 37.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ENGlobal Corporation (1997–2023)
The table below shows the annual total assets of ENGlobal Corporation from 1997 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $18.79 Million | -37.42% |
| 2022-12-31 | $30.02 Million | -28.63% |
| 2021-12-31 | $42.07 Million | +38.21% |
| 2020-12-31 | $30.44 Million | +6.11% |
| 2019-12-31 | $28.69 Million | +28.60% |
| 2018-12-31 | $22.31 Million | -23.75% |
| 2017-12-31 | $29.25 Million | -34.17% |
| 2016-12-31 | $44.44 Million | -14.87% |
| 2015-12-31 | $52.20 Million | +1.05% |
| 2014-12-31 | $51.66 Million | +12.78% |
| 2013-12-31 | $45.80 Million | -41.79% |
| 2012-12-31 | $78.69 Million | -24.47% |
| 2011-12-31 | $104.18 Million | -5.57% |
| 2010-12-31 | $110.32 Million | -0.28% |
| 2009-12-31 | $110.64 Million | -27.55% |
| 2008-12-31 | $152.71 Million | +27.69% |
| 2007-12-31 | $119.59 Million | +12.58% |
| 2006-12-31 | $106.23 Million | +39.89% |
| 2005-12-31 | $75.94 Million | +32.61% |
| 2004-12-31 | $57.26 Million | +34.63% |
| 2003-12-31 | $42.53 Million | +6.15% |
| 2002-12-31 | $40.07 Million | +4.66% |
| 2001-12-31 | $38.29 Million | +442.89% |
| 2000-12-31 | $7.05 Million | +19.53% |
| 1999-12-31 | $5.90 Million | -25.32% |
| 1998-12-31 | $7.90 Million | +46.30% |
| 1997-12-31 | $5.40 Million | -- |