Enservco Co
Enservco Corporation, through its subsidiaries, provides hot oiling and acidizing, and frac water heating services to the onshore oil and natural gas industry. It also water hauling and well site construction services. The company owns and operates specialized trucks, trailers, frac tanks, and other well-site related equipment. It operates in the DJ Basin/Niobrara area in Colorado and Wyoming; th… Read more
Enservco Co (ENSV) - Total Assets
Latest total assets as of June 2024: $11.62 Million USD
Based on the latest financial reports, Enservco Co (ENSV) holds total assets worth $11.62 Million USD as of June 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.
Enservco Co - Total Assets Trend (1995–2023)
This chart illustrates how Enservco Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Enservco Co - Asset Composition Analysis
Current Asset Composition (December 2023)
Enservco Co's total assets of $11.62 Million consist of 39.2% current assets and 60.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $4.26 Million | 29.2% |
| Inventory | $209.00K | 1.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1995–2023)
This chart illustrates how Enservco 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Enservco Co's current assets represent 39.2% of total assets in 2023, an increase from 32.6% in 1995.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2023, down from 8.5% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 29.2% of total assets.
Enservco Co Competitors by Total Assets
Key competitors of Enservco Co 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 |
Enservco Co - 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 - Enservco Co generates 1.51x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Enservco Co is currently not profitable relative to its asset base.
Enservco 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 | 0.99 | 0.61 | 0.94 |
| Quick Ratio | 0.96 | 0.56 | 0.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-105.00K | $ -2.75 Million | $ -259.00K |
Enservco Co - Advanced Valuation Insights
This section examines the relationship between Enservco 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 | 0.86 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -26.4% |
| Total Assets | $14.59 Million |
| Market Capitalization | $901.18K USD |
Valuation Analysis
Below Book Valuation: The market values Enservco Co's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Enservco Co's assets decreased by 26.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Enservco Co (1995–2023)
The table below shows the annual total assets of Enservco Co from 1995 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $14.59 Million | -26.43% |
| 2022-12-31 | $19.84 Million | -21.11% |
| 2021-12-31 | $25.15 Million | -16.68% |
| 2020-12-31 | $30.18 Million | -29.77% |
| 2019-12-31 | $42.98 Million | -12.33% |
| 2018-12-31 | $49.02 Million | +10.78% |
| 2017-12-31 | $44.25 Million | +4.44% |
| 2016-12-31 | $42.37 Million | -10.22% |
| 2015-12-31 | $47.19 Million | -19.03% |
| 2014-12-31 | $58.28 Million | +74.38% |
| 2013-12-31 | $33.42 Million | +29.26% |
| 2012-12-31 | $25.86 Million | +16.89% |
| 2011-12-31 | $22.12 Million | -2.21% |
| 2010-12-31 | $22.62 Million | +93.43% |
| 2009-12-31 | $11.69 Million | -41.53% |
| 2008-12-31 | $20.00 Million | -5.39% |
| 2007-12-31 | $21.14 Million | +10.15% |
| 2006-12-31 | $19.19 Million | +107.33% |
| 2005-12-31 | $9.26 Million | +33.26% |
| 2004-12-31 | $6.95 Million | +33.81% |
| 2003-12-31 | $5.19 Million | +8.04% |
| 2002-12-31 | $4.80 Million | -19.86% |
| 2001-12-31 | $5.99 Million | +129.70% |
| 2000-12-31 | $2.61 Million | +46.32% |
| 1999-12-31 | $1.78 Million | +12.55% |
| 1998-12-31 | $1.58 Million | +42.65% |
| 1997-12-31 | $1.11 Million | -7.18% |
| 1996-12-31 | $1.20 Million | 0.00% |
| 1995-12-31 | $1.20 Million | -- |