Secure Energy Services Inc
SECURE Waste Infrastructure Corp. engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through Waste Management and Energy Infrastructure segments. The Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer stations, metal recycling facilities,… Read more
Secure Energy Services Inc (SECYF) - Total Assets
Latest total assets as of September 2025: $2.55 Billion USD
Based on the latest financial reports, Secure Energy Services Inc (SECYF) holds total assets worth $2.55 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.
Secure Energy Services Inc - Total Assets Trend (2008–2024)
This chart illustrates how Secure Energy Services Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Secure Energy Services Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Secure Energy Services Inc's total assets of $2.55 Billion consist of 30.2% current assets and 69.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $504.00 Million | 22.1% |
| Inventory | $143.00 Million | 6.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $87.00 Million | 3.8% |
| Goodwill | $204.00 Million | 8.9% |
Asset Composition Trend (2008–2024)
This chart illustrates how Secure 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: Secure Energy Services Inc's current assets represent 30.2% of total assets in 2024, an increase from 21.4% in 2008.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, down from 15.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 1.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 22.1% of total assets.
Secure Energy Services Inc Competitors by Total Assets
Key competitors of Secure Energy Services Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Tianying Inc
SHE:000035
|
China | CN¥32.41 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
China | CN¥1.22 Billion |
|
BECE Legend Group Co Ltd
SHE:000803
|
China | CN¥5.22 Billion |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
China | CN¥18.67 Billion |
|
Wangneng Environment Co Ltd
SHE:002034
|
China | CN¥14.26 Billion |
|
Beijing Orient Landscape Co Ltd
SHE:002310
|
China | CN¥3.37 Billion |
|
JAG Bhd
KLSE:0024
|
Malaysia | RM314.48 Million |
|
Qiaoyin Environmental Tech Co Ltd
SHE:002973
|
China | CN¥8.47 Billion |
Secure 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 - Secure Energy Services Inc generates 4.68x 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, Secure Energy Services Inc generates $ 25.52 in net profit.
Secure 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 | 1.21 | 1.13 | 1.32 |
| Quick Ratio | 0.92 | 0.90 | 1.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $119.17 Million | $ 68.00 Million | $ 50.29 Million |
Secure Energy Services Inc - Advanced Valuation Insights
This section examines the relationship between Secure 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 | 5.29 |
| Latest Market Cap to Assets Ratio | 0.76 |
| Asset Growth Rate (YoY) | -19.8% |
| Total Assets | $2.28 Billion |
| Market Capitalization | $1.74 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Secure Energy Services Inc's assets below their book value (0.76 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Secure Energy Services Inc's assets decreased by 19.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Secure Energy Services Inc (2008–2024)
The table below shows the annual total assets of Secure Energy Services Inc from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.28 Billion | -19.80% |
| 2023-12-31 | $2.84 Billion | +0.14% |
| 2022-12-31 | $2.84 Billion | -3.30% |
| 2021-12-31 | $2.94 Billion | +106.17% |
| 2020-12-31 | $1.42 Billion | -13.54% |
| 2019-12-31 | $1.65 Billion | +4.05% |
| 2018-12-31 | $1.58 Billion | +1.33% |
| 2017-12-31 | $1.56 Billion | +9.65% |
| 2016-12-31 | $1.43 Billion | +8.35% |
| 2015-12-31 | $1.32 Billion | -12.08% |
| 2014-12-31 | $1.50 Billion | +43.90% |
| 2013-12-31 | $1.04 Billion | +35.40% |
| 2012-12-31 | $767.91 Million | +27.33% |
| 2011-12-31 | $603.08 Million | +212.52% |
| 2010-12-31 | $192.98 Million | +98.99% |
| 2009-12-31 | $96.98 Million | -0.93% |
| 2008-12-31 | $97.89 Million | -- |