Pason Systems Inc
Pason Systems Inc., together with its subsidiaries, provides instrumentation and data management systems for oil and gas drilling in Canada, the United States, and internationally. The company offers AutoDriller, which delivers smooth payout to maximized rate of penetration and bit life; Communications, a suite of IT solutions that ensures effective collaboration between rig and office; DAS, an a… Read more
Pason Systems Inc (PSYTF) - Total Assets
Latest total assets as of September 2025: $591.95 Million USD
Based on the latest financial reports, Pason Systems Inc (PSYTF) holds total assets worth $591.95 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.
Pason Systems Inc - Total Assets Trend (1996–2024)
This chart illustrates how Pason Systems Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pason Systems Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Pason Systems Inc's total assets of $591.95 Million consist of 33.3% current assets and 66.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.6% |
| Accounts Receivable | $88.93 Million | 14.5% |
| Inventory | $20.78 Million | 3.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $51.27 Million | 8.3% |
| Goodwill | $160.86 Million | 26.2% |
Asset Composition Trend (1996–2024)
This chart illustrates how Pason Systems 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: Pason Systems Inc's current assets represent 33.3% of total assets in 2024, a decrease from 41.1% in 1996.
- Cash Position: Cash and equivalents constituted 12.6% of total assets in 2024, down from 13.7% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 34.0% of total assets, an increase from 0.0% in 1996.
- Asset Diversification: The largest asset category is goodwill at 26.2% of total assets.
Pason Systems Inc Competitors by Total Assets
Key competitors of Pason Systems 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 |
Pason Systems 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 - Pason Systems Inc generates 0.67x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Pason Systems Inc generates $ 19.77 in net profit.
Pason Systems 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 | 2.53 | 2.59 | 6.69 |
| Quick Ratio | 2.29 | 2.35 | 6.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $111.87 Million | $ 118.06 Million | $ 167.37 Million |
Pason Systems Inc - Advanced Valuation Insights
This section examines the relationship between Pason Systems 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 | 2.00 |
| Latest Market Cap to Assets Ratio | 1.17 |
| Asset Growth Rate (YoY) | 26.0% |
| Total Assets | $614.61 Million |
| Market Capitalization | $721.04 Million USD |
Valuation Analysis
Above Book Valuation: The market values Pason Systems Inc's assets above their book value (1.17 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Pason Systems Inc's assets grew by 26.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Pason Systems Inc (1996–2024)
The table below shows the annual total assets of Pason Systems Inc from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $614.61 Million | +25.98% |
| 2023-12-31 | $487.88 Million | +3.82% |
| 2022-12-31 | $469.93 Million | +23.68% |
| 2021-12-31 | $379.94 Million | +5.13% |
| 2020-12-31 | $361.42 Million | -17.45% |
| 2019-12-31 | $437.84 Million | -5.17% |
| 2018-12-31 | $461.72 Million | +15.88% |
| 2017-12-31 | $398.45 Million | -8.46% |
| 2016-12-31 | $435.25 Million | -17.82% |
| 2015-12-31 | $529.62 Million | -7.09% |
| 2014-12-31 | $570.07 Million | +27.85% |
| 2013-12-31 | $445.88 Million | -8.70% |
| 2012-12-31 | $488.38 Million | +7.12% |
| 2011-12-31 | $455.90 Million | +7.48% |
| 2010-12-31 | $424.17 Million | +13.69% |
| 2009-12-31 | $373.10 Million | -12.63% |
| 2008-12-31 | $427.02 Million | +41.60% |
| 2007-12-31 | $301.57 Million | +11.34% |
| 2006-12-31 | $270.86 Million | +24.14% |
| 2005-12-31 | $218.20 Million | +56.96% |
| 2004-12-31 | $139.01 Million | +23.80% |
| 2003-12-31 | $112.29 Million | +24.50% |
| 2002-12-31 | $90.19 Million | +9.65% |
| 2001-12-31 | $82.25 Million | +27.62% |
| 2000-12-31 | $64.45 Million | +60.33% |
| 1999-12-31 | $40.20 Million | +30.94% |
| 1998-12-31 | $30.70 Million | +21.83% |
| 1997-12-31 | $25.20 Million | +245.21% |
| 1996-12-31 | $7.30 Million | -- |