Source Energy Services Ltd Total Assets
Source Energy Services Ltd total assets. Based on the latest financial reports, Source Energy Services Ltd (SHLE) holds total assets worth CA$597.89 Million CAD (≈ $432.51 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. Also see market cap of Source Energy Services Ltd for the company's overall valuation and market capitalisation.
Total Assets of Source Energy Services Ltd (2014–2024)
Total assets of Source Energy Services Ltd from 2014 to 2024. This chart illustrates how Source Energy Services Ltd's total assets have evolved over time, based on quarterly financial data. See Source Energy Services Ltd (SHLE) stock price for real-time trading data and today's change.
Source Energy Services Ltd - Asset Composition Analysis
Source Energy Services Ltd Total Assets Breakdown (December 2024)
Source Energy Services Ltd total assets breakdown as of December 2024. Source Energy Services Ltd's total assets of CA$597.89 Million consist of 35.5% current assets and 64.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.5% |
| Accounts Receivable | CA$80.83 Million | 13.5% |
| Inventory | CA$89.43 Million | 15.0% |
| Property, Plant & Equipment | CA$356.70 Million | 59.6% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Source Energy Services 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. Explore SHLE current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Source Energy Services Ltd's current assets represent 35.5% of total assets in 2024, a decrease from 36.2% in 2014.
- Cash Position: Cash and equivalents constituted 5.5% of total assets in 2024, up from 1.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 59.6% of total assets.
Source Energy Services Ltd Competitors by Total Assets
Key competitors of Source Energy Services Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Oilfield Services Ltd Class A
SHG:601808
|
China | CN¥84.17 Billion |
|
Fugro N.V.
AS:FUR
|
Netherlands | €2.41 Billion |
|
ProPetro Holding Corp
NYSE:PUMP
|
USA | $1.41 Billion |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €898.01 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Oil Country Tubular Limited
NSE:OILCOUNTUB
|
India | Rs3.14 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.72 Million |
|
Exmar NV
BR:EXM
|
Belgium | €933.99 Million |
Source Energy Services 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 | 1.42 | 0.61 | 1.99 |
| Quick Ratio | 0.70 | 0.31 | 0.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$54.13 Million | CA$-95.39 Million | CA$45.51 Million |
Source Energy Services Ltd - Advanced Valuation Insights
This section examines the relationship between Source Energy Services 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 | 0.68 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 23.9% |
| Total Assets | CA$598.22 Million |
| Market Capitalization | $100.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Source Energy Services Ltd's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Source Energy Services Ltd's assets grew by 23.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Source Energy Services Ltd (2014–2024)
The table below shows the annual total assets of Source Energy Services Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$598.22 Million ≈ $432.74 Million |
+23.90% |
| 2023-12-31 | CA$482.83 Million ≈ $349.27 Million |
+47.70% |
| 2022-12-31 | CA$326.90 Million ≈ $236.47 Million |
+22.88% |
| 2021-12-31 | CA$266.03 Million ≈ $192.44 Million |
-0.09% |
| 2020-12-31 | CA$266.26 Million ≈ $192.61 Million |
-46.39% |
| 2019-12-31 | CA$496.67 Million ≈ $359.28 Million |
-4.55% |
| 2018-12-31 | CA$520.34 Million ≈ $376.41 Million |
+11.19% |
| 2017-12-31 | CA$467.96 Million ≈ $338.51 Million |
+113.28% |
| 2016-12-31 | CA$219.41 Million ≈ $158.71 Million |
-5.07% |
| 2015-12-31 | CA$231.11 Million ≈ $167.18 Million |
+18.65% |
| 2014-12-31 | CA$194.79 Million ≈ $140.91 Million |
-- |
About Source Energy Services Ltd
Source Energy Services Ltd. together with its subsidiaries, engages in the production and distribution of frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; trucking operations; and develops Sahara, a wellsite mobile sand storage and handling syste… Read more