Innovex International, Inc
Innovex International, Inc. designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide. It provides drilling enhancement tools to optimize drilling performance, increase rate of penetration, and mitigate downhole challenges; and fishing and intervention which supports workover, intervention, drilling and completion activities, as wel… Read more
Innovex International, Inc (INVX) - Total Assets
Latest total assets as of December 2025: $1.27 Billion USD
Based on the latest financial reports, Innovex International, Inc (INVX) holds total assets worth $1.27 Billion USD as of December 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.
Innovex International, Inc - Total Assets Trend (2004–2025)
This chart illustrates how Innovex International, Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Innovex International, Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Innovex International, Inc's total assets of $1.27 Billion consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.0% |
| Accounts Receivable | $237.77 Million | 18.8% |
| Inventory | $248.43 Million | 19.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $116.23 Million | 9.2% |
| Goodwill | $99.72 Million | 7.9% |
Asset Composition Trend (2004–2025)
This chart illustrates how Innovex International, 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: Innovex International, Inc's current assets represent 57.4% of total assets in 2025, a decrease from 62.6% in 2004.
- Cash Position: Cash and equivalents constituted 16.0% of total assets in 2025, up from 1.7% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 19.6% of total assets.
Innovex International, Inc Competitors by Total Assets
Key competitors of Innovex International, Inc 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 |
Innovex International, 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
Strong asset utilization - Innovex International, Inc generates 0.77x 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, Innovex International, Inc generates $6.57 in net profit.
Innovex International, 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 | 4.91 | 3.94 | 8.86 |
| Quick Ratio | 3.24 | 2.28 | 6.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $579.88 Million | $ 478.73 Million | $ 749.41 Million |
Innovex International, Inc - Advanced Valuation Insights
This section examines the relationship between Innovex International, 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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.88 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | $1.27 Billion |
| Market Capitalization | $1.12 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Innovex International, Inc's assets close to their book value ( 0.88x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Innovex International, Inc's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Innovex International, Inc (2004–2025)
The table below shows the annual total assets of Innovex International, Inc from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.27 Billion | +5.91% |
| 2024-12-31 | $1.20 Billion | +151.94% |
| 2023-12-31 | $475.30 Million | +8.94% |
| 2022-12-31 | $436.29 Million | +53.14% |
| 2021-12-31 | $284.89 Million | -75.25% |
| 2020-12-31 | $1.15 Billion | -4.59% |
| 2019-12-31 | $1.21 Billion | +1.18% |
| 2018-12-31 | $1.19 Billion | -14.81% |
| 2017-12-31 | $1.40 Billion | -4.22% |
| 2016-12-31 | $1.46 Billion | +2.32% |
| 2015-12-31 | $1.43 Billion | -1.45% |
| 2014-12-31 | $1.45 Billion | +3.92% |
| 2013-12-31 | $1.39 Billion | +13.25% |
| 2012-12-31 | $1.23 Billion | +13.41% |
| 2011-12-31 | $1.09 Billion | +14.48% |
| 2010-12-31 | $948.55 Million | +16.07% |
| 2009-12-31 | $817.25 Million | +20.08% |
| 2008-12-31 | $680.61 Million | -2.75% |
| 2007-12-31 | $699.82 Million | +17.63% |
| 2006-12-31 | $594.93 Million | +38.92% |
| 2005-12-31 | $428.26 Million | +41.08% |
| 2004-12-31 | $303.56 Million | -- |