Forum Energy Technologies Inc (FET) - Total Assets
Based on the latest financial reports, Forum Energy Technologies Inc (FET) holds total assets worth $770.09 Million USD as of September 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. See Forum Energy Technologies Inc shareholders equity for net asset value and shareholders' equity analysis.
Forum Energy Technologies Inc - Total Assets Trend (2009–2024)
This chart illustrates how Forum Energy Technologies Inc's total assets have evolved over time, based on quarterly financial data.
Forum Energy Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Forum Energy Technologies Inc's total assets of $770.09 Million consist of 60.7% current assets and 39.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $44.66 Million | 5.5% |
| Accounts Receivable | $166.31 Million | 20.4% |
| Inventory | $265.49 Million | 32.5% |
| Property, Plant & Equipment | $133.81 Million | 16.4% |
| Intangible Assets | $109.23 Million | 13.4% |
| Goodwill | $61.65 Million | 7.6% |
Asset Composition Trend (2009–2024)
This chart illustrates how Forum Energy Technologies 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. For live market cap, price, and company overview, see Forum Energy Technologies Inc market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forum Energy Technologies Inc's current assets represent 60.7% of total assets in 2024, an increase from 40.5% in 2009.
- Cash Position: Cash and equivalents constituted 5.5% of total assets in 2024, up from 3.2% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, a decrease from 45.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 32.5% of total assets.
Forum Energy Technologies Inc Competitors by Total Assets
Key competitors of Forum Energy Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tenaris SA ADR
NYSE:TS
|
USA | $20.47 Billion |
|
Petrolia SE
OL:PSE
|
Norway | Nkr68.90 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
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 | €1.03 Billion |
|
Lupatech S.A
SA:LUPA3
|
Brazil | R$488.90 Million |
Forum Energy Technologies 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 | 2.19 | 1.93 | 3.92 |
| Quick Ratio | 1.01 | 0.87 | 1.91 |
| Cash Ratio | 0.15 | 0.12 | 0.00 |
| Working Capital | $249.66 Million | $252.70 Million | $365.26 Million |
Forum Energy Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Forum Energy Technologies 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 | 1.92 |
| Latest Market Cap to Assets Ratio | 0.73 |
| Asset Growth Rate (YoY) | -0.6% |
| Total Assets | $815.95 Million |
| Market Capitalization | $597.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forum Energy Technologies Inc's assets below their book value (0.73x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Forum Energy Technologies Inc's assets decreased by 0.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Forum Energy Technologies Inc (2009–2024)
The table below shows the annual total assets of Forum Energy Technologies Inc from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $815.95 Million | -0.62% |
| 2023-12-31 | $821.06 Million | -1.64% |
| 2022-12-31 | $834.76 Million | +5.49% |
| 2021-12-31 | $791.34 Million | -11.08% |
| 2020-12-31 | $889.93 Million | -23.28% |
| 2019-12-31 | $1.16 Billion | -36.60% |
| 2018-12-31 | $1.83 Billion | -16.83% |
| 2017-12-31 | $2.20 Billion | +19.68% |
| 2016-12-31 | $1.84 Billion | -4.20% |
| 2015-12-31 | $1.92 Billion | -13.50% |
| 2014-12-31 | $2.22 Billion | +1.53% |
| 2013-12-31 | $2.18 Billion | +15.40% |
| 2012-12-31 | $1.89 Billion | +17.77% |
| 2011-12-31 | $1.61 Billion | +96.41% |
| 2010-12-31 | $818.33 Million | -2.61% |
| 2009-12-31 | $840.23 Million | -- |
About Forum Energy Technologies Inc
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling,… Read more