SM Energy Co (SM) - Total Assets
Based on the latest financial reports, SM Energy Co (SM) holds total assets worth $9.09 Billion 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. Explore investment intensity of SM Energy Co to see how much of total assets are deployed in long-term investments.
SM Energy Co - Total Assets Trend (1990–2024)
This chart illustrates how SM Energy Co's total assets have evolved over time, based on quarterly financial data. Check SM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
SM Energy Co - Asset Composition Analysis
Current Asset Composition (December 2024)
SM Energy Co's total assets of $9.09 Billion consist of 5.1% current assets and 94.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $360.98 Million | 4.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $8.10 Billion | 94.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1990–2024)
This chart illustrates how SM Energy Co'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 SM Energy Co (SM) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SM Energy Co's current assets represent 5.1% of total assets in 2024, a decrease from 20.6% in 1990.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 1.0% in 1990.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1990.
- Asset Diversification: The largest asset category is property, plant & equipment at 94.5% of total assets.
SM Energy Co Competitors by Total Assets
Key competitors of SM Energy Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.16 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Crescent Energy Co
NYSE:CRGY
|
USA | $12.44 Billion |
|
Paramount Resources Ltd.
TO:POU
|
Canada | CA$3.56 Billion |
|
Headwater Exploration Inc
TO:HWX
|
Canada | CA$1.03 Billion |
SM Energy Co - 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 | 0.56 | 3.52 | 0.35 |
| Quick Ratio | 0.56 | 3.52 | 0.30 |
| Cash Ratio | 0.14 | 2.99 | 0.00 |
| Working Capital | $-502.37 Million | $1.46 Billion | $-380.07 Million |
SM Energy Co - Advanced Valuation Insights
This section examines the relationship between SM Energy Co'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 | 1.06 |
| Latest Market Cap to Assets Ratio | 0.60 |
| Asset Growth Rate (YoY) | 34.4% |
| Total Assets | $8.58 Billion |
| Market Capitalization | $5.11 Billion USD |
Valuation Analysis
Below Book Valuation: The market values SM Energy Co's assets below their book value (0.60x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: SM Energy Co's assets grew by 34.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SM Energy Co (1990–2024)
The table below shows the annual total assets of SM Energy Co from 1990 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.58 Billion | +34.43% |
| 2023-12-31 | $6.38 Billion | +11.62% |
| 2022-12-31 | $5.72 Billion | +9.21% |
| 2021-12-31 | $5.23 Billion | +5.18% |
| 2020-12-31 | $4.98 Billion | -20.91% |
| 2019-12-31 | $6.29 Billion | -0.95% |
| 2018-12-31 | $6.35 Billion | +2.85% |
| 2017-12-31 | $6.18 Billion | -3.39% |
| 2016-12-31 | $6.39 Billion | +13.73% |
| 2015-12-31 | $5.62 Billion | -13.73% |
| 2014-12-31 | $6.52 Billion | +38.50% |
| 2013-12-31 | $4.71 Billion | +12.04% |
| 2012-12-31 | $4.20 Billion | +10.54% |
| 2011-12-31 | $3.80 Billion | +38.43% |
| 2010-12-31 | $2.74 Billion | +16.24% |
| 2009-12-31 | $2.36 Billion | -12.40% |
| 2008-12-31 | $2.70 Billion | +4.80% |
| 2007-12-31 | $2.57 Billion | +35.42% |
| 2006-12-31 | $1.90 Billion | +49.68% |
| 2005-12-31 | $1.27 Billion | +34.19% |
| 2004-12-31 | $945.46 Million | +28.48% |
| 2003-12-31 | $735.85 Million | +37.00% |
| 2002-12-31 | $537.14 Million | +22.92% |
| 2001-12-31 | $436.99 Million | +35.76% |
| 2000-12-31 | $321.89 Million | +39.71% |
| 1999-12-31 | $230.40 Million | +24.88% |
| 1998-12-31 | $184.50 Million | -12.56% |
| 1997-12-31 | $211.00 Million | +46.22% |
| 1996-12-31 | $144.30 Million | +50.16% |
| 1995-12-31 | $96.10 Million | +7.49% |
| 1994-12-31 | $89.40 Million | +9.29% |
| 1993-12-31 | $81.80 Million | +7.77% |
| 1992-12-31 | $75.90 Million | +41.08% |
| 1991-12-31 | $53.80 Million | +33.50% |
| 1990-12-31 | $40.30 Million | -- |
About SM Energy Co
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. It has working interests in oil and gas producing wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. S… Read more