ACT Energy Technologies Ltd.
ACT Energy Technologies Ltd., together with its subsidiaries, provides directional drilling services to oil and natural gas exploration and development companies in Canada and the United States. It offers remote directional and measurement-while-drilling (MWD), automated gamma, drilling optimization, and well planning and rotary steerable services. The company also offers mud motors, MWD technolo… Read more
ACT Energy Technologies Ltd. (ACX) - Total Assets
Latest total assets as of September 2025: CA$458.00 Million CAD
Based on the latest financial reports, ACT Energy Technologies Ltd. (ACX) holds total assets worth CA$458.00 Million CAD 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.
ACT Energy Technologies Ltd. - Total Assets Trend (1996–2024)
This chart illustrates how ACT Energy Technologies Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ACT Energy Technologies Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
ACT Energy Technologies Ltd.'s total assets of CA$458.00 Million consist of 41.2% current assets and 58.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 2.7% |
| Accounts Receivable | CA$123.81 Million | 26.2% |
| Inventory | CA$51.50 Million | 10.9% |
| Property, Plant & Equipment | CA$144.60 Million | 30.6% |
| Intangible Assets | CA$77.35 Million | 16.4% |
| Goodwill | CA$43.44 Million | 9.2% |
Asset Composition Trend (1996–2024)
This chart illustrates how ACT Energy Technologies Ltd.'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: ACT Energy Technologies Ltd.'s current assets represent 41.2% of total assets in 2024, an increase from 5.7% in 1996.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2024, up from 2.6% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 25.0% of total assets, an increase from 0.0% in 1996.
- Asset Diversification: The largest asset category is property, plant & equipment at 30.6% of total assets.
ACT Energy Technologies Ltd. Competitors by Total Assets
Key competitors of ACT Energy Technologies Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN
|
India | ₹16.43 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
|
Daldrup & Söhne Aktiengesellschaft
F:4DS
|
Germany | €37.46 Million |
|
Velesto Energy Bhd
KLSE:5243
|
Malaysia | RM2.85 Billion |
|
ARCHER
F:8SW
|
Germany | €1.07 Billion |
|
Agri-Dynamics Inc
PINK:AGDY
|
USA | $144.28K |
|
AKITA Drilling Ltd
PINK:AKTAF
|
USA | $258.01 Million |
|
Apexindo Pratama Duta Tbk
JK:APEX
|
Indonesia | Rp242.87 Million |
ACT Energy Technologies Ltd. - 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 - ACT Energy Technologies Ltd. generates 1.21x 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, ACT Energy Technologies Ltd. generates $ 12.25 in net profit.
ACT Energy Technologies Ltd. - 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 | 1.43 | 1.47 | 2.10 |
| Quick Ratio | 1.03 | 1.08 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$54.44 Million | CA$ 57.68 Million | CA$ 7.68 Million |
ACT Energy Technologies Ltd. - Advanced Valuation Insights
This section examines the relationship between ACT Energy Technologies Ltd.'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 | 0.83 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 17.1% |
| Total Assets | CA$472.88 Million |
| Market Capitalization | $113.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values ACT Energy Technologies Ltd.'s assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: ACT Energy Technologies Ltd.'s assets grew by 17.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ACT Energy Technologies Ltd. (1996–2024)
The table below shows the annual total assets of ACT Energy Technologies Ltd. from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$472.88 Million | +17.13% |
| 2023-12-31 | CA$403.73 Million | +14.05% |
| 2022-12-31 | CA$353.99 Million | +369.34% |
| 2021-12-31 | CA$75.42 Million | +17.34% |
| 2020-12-31 | CA$64.28 Million | -39.53% |
| 2019-12-31 | CA$106.30 Million | -12.70% |
| 2018-12-31 | CA$121.77 Million | +0.12% |
| 2017-12-31 | CA$121.63 Million | -10.58% |
| 2016-12-31 | CA$136.02 Million | -12.59% |
| 2015-12-31 | CA$155.61 Million | -32.50% |
| 2014-12-31 | CA$230.53 Million | +12.25% |
| 2013-12-31 | CA$205.38 Million | -8.35% |
| 2012-12-31 | CA$224.08 Million | -3.38% |
| 2011-12-31 | CA$231.92 Million | +28.28% |
| 2010-12-31 | CA$180.80 Million | +4.19% |
| 2009-12-31 | CA$173.54 Million | -5.62% |
| 2008-12-31 | CA$183.87 Million | +40.33% |
| 2007-12-31 | CA$131.03 Million | +4.64% |
| 2006-12-31 | CA$125.22 Million | +21.68% |
| 2005-12-31 | CA$102.91 Million | +119.79% |
| 2004-12-31 | CA$46.82 Million | +41.54% |
| 2003-12-31 | CA$33.08 Million | +33.33% |
| 2002-12-31 | CA$24.81 Million | -1.85% |
| 2001-12-31 | CA$25.28 Million | +24.85% |
| 2000-12-31 | CA$20.25 Million | +10023.35% |
| 1999-12-31 | CA$200.00K | -92.86% |
| 1998-12-31 | CA$2.80 Million | -80.28% |
| 1997-12-31 | CA$14.20 Million | -9.55% |
| 1996-12-31 | CA$15.70 Million | -- |