STEP Energy Services Ltd Total Assets
STEP Energy Services Ltd total assets. Based on the latest financial reports, STEP Energy Services Ltd (STEP) holds total assets worth CA$599.98 Million CAD (≈ $434.02 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 how much is STEP Energy Services Ltd worth for the company's overall valuation and market capitalisation.
Total Assets of STEP Energy Services Ltd (2014–2024)
Total assets of STEP Energy Services Ltd from 2014 to 2024. This chart illustrates how STEP Energy Services Ltd's total assets have evolved over time, based on quarterly financial data. See latest STEP Energy Services Ltd stock price today for real-time trading data and today's change.
STEP Energy Services Ltd - Asset Composition Analysis
STEP Energy Services Ltd Total Assets Breakdown (December 2024)
STEP Energy Services Ltd total assets breakdown as of December 2024. STEP Energy Services Ltd's total assets of CA$599.98 Million consist of 25.0% current assets and 75.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$4.36 Million | 0.8% |
| Accounts Receivable | CA$82.77 Million | 14.3% |
| Inventory | CA$49.55 Million | 8.5% |
| Property, Plant & Equipment | CA$429.96 Million | 74.1% |
| Intangible Assets | CA$1.16 Million | 0.2% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how STEP 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 STEP 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: STEP Energy Services Ltd's current assets represent 25.0% of total assets in 2024, an increase from 16.7% in 2014.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, down from 0.8% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 5.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 74.1% of total assets.
STEP Energy Services Ltd Competitors by Total Assets
Key competitors of STEP 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 |
STEP 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 | 1.67 | 1.39 | 1.76 |
| Quick Ratio | 1.32 | 1.09 | 1.28 |
| Cash Ratio | 0.02 | 0.01 | 0.00 |
| Working Capital | CA$77.90 Million | CA$60.64 Million | CA$42.87 Million |
STEP Energy Services Ltd - Advanced Valuation Insights
This section examines the relationship between STEP 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 | 1.00 |
| Latest Market Cap to Assets Ratio | 0.50 |
| Asset Growth Rate (YoY) | -4.3% |
| Total Assets | CA$580.63 Million |
| Market Capitalization | $289.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values STEP Energy Services Ltd's assets below their book value (0.50x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: STEP Energy Services Ltd's assets decreased by 4.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for STEP Energy Services Ltd (2014–2024)
The table below shows the annual total assets of STEP Energy Services Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$580.63 Million ≈ $420.02 Million |
-4.27% |
| 2023-12-31 | CA$606.52 Million ≈ $438.75 Million |
-11.14% |
| 2022-12-31 | CA$682.53 Million ≈ $493.73 Million |
+41.06% |
| 2021-12-31 | CA$483.85 Million ≈ $350.01 Million |
+0.83% |
| 2020-12-31 | CA$479.86 Million ≈ $347.12 Million |
-30.05% |
| 2019-12-31 | CA$686.04 Million ≈ $496.27 Million |
-22.74% |
| 2018-12-31 | CA$887.91 Million ≈ $642.30 Million |
+66.32% |
| 2017-12-31 | CA$533.85 Million ≈ $386.18 Million |
+59.29% |
| 2016-12-31 | CA$335.14 Million ≈ $242.44 Million |
+45.11% |
| 2015-12-31 | CA$230.95 Million ≈ $167.07 Million |
+60.87% |
| 2014-12-31 | CA$143.56 Million ≈ $103.85 Million |
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About STEP Energy Services Ltd
STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. The company offers fracturing services, such as dual-fuel hydraulic fracturing; STEP-XPRS, an integrated fracturing and coiled tubing spread; large bore manifold systems; and technica… Read more