H&E Equipment Services Inc
H&E Equipment Services, Inc. operates as an integrated equipment services company in the United States and internationally. It operates in four segments: Equipment Rentals; Sales of Rental Equipment; Sales of New Equipment; and Parts, Service and Other Revenues. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis. Its Sales o… Read more
H&E Equipment Services Inc (HEES) - Total Assets
Latest total assets as of March 2025: $2.68 Billion USD
Based on the latest financial reports, H&E Equipment Services Inc (HEES) holds total assets worth $2.68 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.
H&E Equipment Services Inc - Total Assets Trend (2001–2024)
This chart illustrates how H&E Equipment Services Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
H&E Equipment Services Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
H&E Equipment Services Inc's total assets of $2.68 Billion consist of 0.6% current assets and 99.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.6% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $135.17 Million | 4.6% |
Asset Composition Trend (2001–2024)
This chart illustrates how H&E Equipment Services Inc'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: H&E Equipment Services Inc's current assets represent 0.6% of total assets in 2024, a decrease from 1.5% in 2001.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2024, down from 1.5% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 2.0% in 2001.
- Asset Diversification: The largest asset category is goodwill at 4.6% of total assets.
H&E Equipment Services Inc Competitors by Total Assets
Key competitors of H&E Equipment Services Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bohai Leasing Co Ltd
SHE:000415
|
China | CN¥286.33 Billion |
|
Amedeo Air Four Plus Limited
LSE:AA4
|
UK | GBX988.31 Million |
|
Lotte Rental Co Ltd
KO:089860
|
Korea | ₩7.39 Trillion |
|
AJ Networks Co Ltd
KO:095570
|
Korea | ₩1.74 Trillion |
|
Redde Northgate PLC
F:21W
|
Germany | €2.50 Billion |
|
Cuckoo Homesys Co Ltd
KO:284740
|
Korea | ₩1.49 Trillion |
|
China Development Bank Financial Leasing Co. Ltd
F:2C6
|
Germany | €417.73 Billion |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
China | CN¥15.56 Billion |
H&E Equipment Services Inc - 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
Moderate asset utilization - H&E Equipment Services Inc generates 0.51x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, H&E Equipment Services Inc generates $ 4.16 in net profit.
H&E Equipment Services Inc - 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 | 1.76 | 2.05 | 0.98 |
| Quick Ratio | 1.67 | 1.50 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $102.15 Million | $ 191.10 Million | $ -6.95 Million |
H&E Equipment Services Inc - Advanced Valuation Insights
This section examines the relationship between H&E Equipment Services Inc'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 | 5.75 |
| Latest Market Cap to Assets Ratio | 1.01 |
| Asset Growth Rate (YoY) | 12.1% |
| Total Assets | $2.96 Billion |
| Market Capitalization | $2.99 Billion USD |
Valuation Analysis
Above Book Valuation: The market values H&E Equipment Services Inc's assets above their book value (1.01 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: H&E Equipment Services Inc's assets grew by 12.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for H&E Equipment Services Inc (2001–2024)
The table below shows the annual total assets of H&E Equipment Services Inc from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.96 Billion | +12.08% |
| 2023-12-31 | $2.64 Billion | +15.19% |
| 2022-12-31 | $2.29 Billion | +10.15% |
| 2021-12-31 | $2.08 Billion | +5.05% |
| 2020-12-31 | $1.98 Billion | +0.30% |
| 2019-12-31 | $1.97 Billion | +14.33% |
| 2018-12-31 | $1.73 Billion | +17.68% |
| 2017-12-31 | $1.47 Billion | +18.21% |
| 2016-12-31 | $1.24 Billion | -4.57% |
| 2015-12-31 | $1.30 Billion | -4.25% |
| 2014-12-31 | $1.36 Billion | +24.62% |
| 2013-12-31 | $1.09 Billion | +15.70% |
| 2012-12-31 | $942.40 Million | +25.10% |
| 2011-12-31 | $753.30 Million | +2.57% |
| 2010-12-31 | $734.42 Million | -3.76% |
| 2009-12-31 | $763.08 Million | -21.06% |
| 2008-12-31 | $966.63 Million | -4.56% |
| 2007-12-31 | $1.01 Billion | +33.28% |
| 2006-12-31 | $759.94 Million | +43.20% |
| 2005-12-31 | $530.70 Million | +29.86% |
| 2004-12-31 | $408.67 Million | -0.18% |
| 2003-12-31 | $409.39 Million | -14.01% |
| 2002-12-31 | $476.12 Million | +65.82% |
| 2001-12-31 | $287.13 Million | -- |