Key Energy Services Inc
Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States. It operates through Rig Services, Fishing and Rental Services, Coiled Tubing Services, and Fluid Management Services segments. The Rig Services segment is involved in the completion of newly drilled wells; workover and recompletion of existing oil and natural gas wells; well maintenance acti… Read more
Key Energy Services Inc (KEGX) - Total Assets
Latest total assets as of September 2020: $256.56 Million USD
Based on the latest financial reports, Key Energy Services Inc (KEGX) holds total assets worth $256.56 Million USD as of September 2020.
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.
Key Energy Services Inc - Total Assets Trend (1992–2019)
This chart illustrates how Key Energy Services Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Key Energy Services Inc - Asset Composition Analysis
Current Asset Composition (December 2019)
Key Energy Services Inc's total assets of $256.56 Million consist of 29.2% current assets and 70.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.2% |
| Accounts Receivable | $57.57 Million | 16.6% |
| Inventory | $13.56 Million | 3.9% |
| Property, Plant & Equipment | $229.97 Million | 66.1% |
| Intangible Assets | $347.00K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1992–2019)
This chart illustrates how Key Energy Services 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: Key Energy Services Inc's current assets represent 29.2% of total assets in 2019, a decrease from 30.8% in 1992.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2019, up from 3.8% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1992.
- Asset Diversification: The largest asset category is property, plant & equipment at 66.1% of total assets.
Key Energy Services Inc Competitors by Total Assets
Key competitors of Key Energy Services 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 |
Key Energy Services 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 - Key Energy Services Inc generates 1.19x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Key Energy Services Inc is currently not profitable relative to its asset base.
Key Energy Services 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 | 0.90 | 1.25 | 2.72 |
| Quick Ratio | 0.68 | 1.09 | 2.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.47 Million | $ 23.75 Million | $ 265.94 Million |
Key Energy Services Inc - Advanced Valuation Insights
This section examines the relationship between Key Energy Services 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -21.5% |
| Total Assets | $347.87 Million |
| Market Capitalization | $11.02 Million USD |
Valuation Analysis
Below Book Valuation: The market values Key Energy Services Inc's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Key Energy Services Inc's assets decreased by 21.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Key Energy Services Inc (1992–2019)
The table below shows the annual total assets of Key Energy Services Inc from 1992 to 2019.
| Year | Total Assets | Change |
|---|---|---|
| 2019-12-31 | $347.87 Million | -21.50% |
| 2018-12-31 | $443.17 Million | -16.24% |
| 2017-12-31 | $529.12 Million | -19.58% |
| 2016-12-31 | $657.98 Million | -50.45% |
| 2015-12-31 | $1.33 Billion | -43.10% |
| 2014-12-31 | $2.33 Billion | -9.79% |
| 2013-12-31 | $2.59 Billion | -6.33% |
| 2012-12-31 | $2.76 Billion | +6.25% |
| 2011-12-31 | $2.60 Billion | +37.31% |
| 2010-12-31 | $1.89 Billion | +13.73% |
| 2009-12-31 | $1.66 Billion | -17.48% |
| 2008-12-31 | $2.02 Billion | +8.49% |
| 2007-12-31 | $1.86 Billion | +20.61% |
| 2006-12-31 | $1.54 Billion | +15.96% |
| 2005-12-31 | $1.33 Billion | +0.96% |
| 2004-12-31 | $1.32 Billion | -4.33% |
| 2003-12-31 | $1.38 Billion | -8.37% |
| 2002-12-31 | $1.50 Billion | +22.28% |
| 2000-12-31 | $1.23 Billion | -1.44% |
| 1999-12-31 | $1.25 Billion | +8.48% |
| 1998-12-31 | $1.15 Billion | +64.44% |
| 1997-12-31 | $698.60 Million | +118.24% |
| 1996-12-31 | $320.10 Million | +163.02% |
| 1995-12-31 | $121.70 Million | +169.25% |
| 1994-12-31 | $45.20 Million | +60.85% |
| 1993-12-31 | $28.10 Million | +76.73% |
| 1992-12-31 | $15.90 Million | -- |