PetroVietnam Drilling & Well Service Corp (PVD) - Total Assets
Based on the latest financial reports, PetroVietnam Drilling & Well Service Corp (PVD) holds total assets worth ₫29.54 Trillion VND (≈ $1.12 Billion USD) as of March 2026. 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. Check PetroVietnam Drilling & Well Service Cor investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
PetroVietnam Drilling & Well Service Corp - Total Assets Trend (2019–2025)
This chart illustrates how PetroVietnam Drilling & Well Service Corp's total assets have evolved over time, based on quarterly financial data. Check PVD operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
PetroVietnam Drilling & Well Service Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
PetroVietnam Drilling & Well Service Corp's total assets of ₫29.54 Trillion consist of 34.7% current assets and 65.3% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 6.4% |
| Accounts Receivable | ₫4.31 Trillion | 15.2% |
| Inventory | ₫1.54 Trillion | 5.4% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫155.01 Billion | 0.6% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how PetroVietnam Drilling & Well Service Corp'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. For live market cap, price, and company overview, see market cap of PetroVietnam Drilling & Well Service Cor.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PetroVietnam Drilling & Well Service Corp's current assets represent 34.7% of total assets in 2025, an increase from 0.0% in 2019.
- Cash Position: Cash and equivalents constituted 6.4% of total assets in 2025, down from 9.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 15.2% of total assets.
PetroVietnam Drilling & Well Service Corp Competitors by Total Assets
Key competitors of PetroVietnam Drilling & Well Service Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WESTERN ENERGY SRV. NEW
F:W1T
|
Germany | €374.09 Million |
|
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$472.82 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$128.21 Million |
|
Sinopec Oilfield Service Corp
SHG:600871
|
China | CN¥76.59 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
PetroVietnam Drilling & Well Service Corp - 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 | 1.66 | 2.04 | 1.84 |
| Quick Ratio | 1.43 | 1.72 | 1.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫4.32 Trillion | ₫3.81 Trillion | ₫2.55 Trillion |
PetroVietnam Drilling & Well Service Corp - Advanced Valuation Insights
This section examines the relationship between PetroVietnam Drilling & Well Service Corp'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 | 1.02 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.4% |
| Total Assets | ₫28.31 Trillion |
| Market Capitalization | $655.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values PetroVietnam Drilling & Well Service Corp's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: PetroVietnam Drilling & Well Service Corp's assets grew by 19.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for PetroVietnam Drilling & Well Service Corp (2019–2025)
The table below shows the annual total assets of PetroVietnam Drilling & Well Service Corp from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫28.31 Trillion ≈ $1.08 Billion |
+19.36% |
| 2024-12-31 | ₫23.72 Trillion ≈ $901.17 Million |
+9.64% |
| 2023-12-31 | ₫21.63 Trillion ≈ $821.92 Million |
+4.49% |
| 2022-12-31 | ₫20.70 Trillion ≈ $786.63 Million |
-0.28% |
| 2021-12-31 | ₫20.76 Trillion ≈ $788.80 Million |
-0.46% |
| 2020-12-31 | ₫20.86 Trillion ≈ $792.41 Million |
-1.80% |
| 2019-12-31 | ₫21.24 Trillion ≈ $806.91 Million |
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About PetroVietnam Drilling & Well Service Corp
Petrovietnam Drilling and Well Services Corporation, together with its subsidiaries, provides drilling rigs and drilling-related services to the oil and gas industry in the Socialist Republic of Vietnam and internationally. The company operates through Drilling services and Trading segments. It offers drilling services; well technical services; design, engineer, inspection, repair, maintenance, w… Read more