ACT Energy Technologies Ltd. (ACX) - Total Assets
Based on the latest financial reports, ACT Energy Technologies Ltd. (ACX) holds total assets worth CA$458.00 Million CAD (≈ $331.31 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.
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. Also see ACX stock market capitalisation for the company's overall valuation and market capitalisation.
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. Review debt load of ACT Energy Technologies Ltd. to assess the company's total debt and financial obligations.
| 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. See ACT Energy Technologies Ltd. share price for real-time trading data and today's change.
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 |
|---|---|---|
|
Odfjell Drilling Ltd
OL:ODL
|
Norway | Nkr2.61 Billion |
|
Northern Ocean Ltd
OL:NOL
|
Norway | Nkr1.06 Billion |
|
Aban Offshore Limited
NSE:ABAN
|
India | Rs16.43 Billion |
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.75 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.68 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$474.80 Million |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$374.09 Million |
|
Sinopec Oilfield Service Corp
SHG:600871
|
China | CN¥76.59 Billion |
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 | 0.38 |
| Asset Growth Rate (YoY) | 17.1% |
| Total Assets | CA$472.88 Million |
| Market Capitalization | $181.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values ACT Energy Technologies Ltd.'s assets below their book value (0.38x), 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 ≈ $342.07 Million |
+17.13% |
| 2023-12-31 | CA$403.73 Million ≈ $292.05 Million |
+14.05% |
| 2022-12-31 | CA$353.99 Million ≈ $256.07 Million |
+369.34% |
| 2021-12-31 | CA$75.42 Million ≈ $54.56 Million |
+17.34% |
| 2020-12-31 | CA$64.28 Million ≈ $46.50 Million |
-39.53% |
| 2019-12-31 | CA$106.30 Million ≈ $76.90 Million |
-12.70% |
| 2018-12-31 | CA$121.77 Million ≈ $88.09 Million |
+0.12% |
| 2017-12-31 | CA$121.63 Million ≈ $87.99 Million |
-10.58% |
| 2016-12-31 | CA$136.02 Million ≈ $98.39 Million |
-12.59% |
| 2015-12-31 | CA$155.61 Million ≈ $112.57 Million |
-32.50% |
| 2014-12-31 | CA$230.53 Million ≈ $166.76 Million |
+12.25% |
| 2013-12-31 | CA$205.38 Million ≈ $148.57 Million |
-8.35% |
| 2012-12-31 | CA$224.08 Million ≈ $162.10 Million |
-3.38% |
| 2011-12-31 | CA$231.92 Million ≈ $167.77 Million |
+28.28% |
| 2010-12-31 | CA$180.80 Million ≈ $130.79 Million |
+4.19% |
| 2009-12-31 | CA$173.54 Million ≈ $125.53 Million |
-5.62% |
| 2008-12-31 | CA$183.87 Million ≈ $133.01 Million |
+40.33% |
| 2007-12-31 | CA$131.03 Million ≈ $94.79 Million |
+4.64% |
| 2006-12-31 | CA$125.22 Million ≈ $90.58 Million |
+21.68% |
| 2005-12-31 | CA$102.91 Million ≈ $74.44 Million |
+119.79% |
| 2004-12-31 | CA$46.82 Million ≈ $33.87 Million |
+41.54% |
| 2003-12-31 | CA$33.08 Million ≈ $23.93 Million |
+33.33% |
| 2002-12-31 | CA$24.81 Million ≈ $17.95 Million |
-1.85% |
| 2001-12-31 | CA$25.28 Million ≈ $18.29 Million |
+24.85% |
| 2000-12-31 | CA$20.25 Million ≈ $14.65 Million |
+10023.35% |
| 1999-12-31 | CA$200.00K ≈ $144.68K |
-92.86% |
| 1998-12-31 | CA$2.80 Million ≈ $2.03 Million |
-80.28% |
| 1997-12-31 | CA$14.20 Million ≈ $10.27 Million |
-9.55% |
| 1996-12-31 | CA$15.70 Million ≈ $11.36 Million |
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About 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