Total Energy Services Inc. Working Capital to Net Assets Ratio
Total Energy Services Inc. working capital to net assets ratio. Total Energy Services Inc. (TOT) has a Working Capital to Net Assets ratio of 18.2% as of March 2026. Working capital of CA$113.40 Million (current assets of CA$435.61 Million minus current liabilities of CA$322.20 Million) is measured against net assets of CA$623.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check TOT tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Total Energy Services Inc. (1998–2025)
Working capital to net assets ratio of Total Energy Services Inc. from 1998 to 2025. This chart shows how Total Energy Services Inc.'s Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 18.2%, reflecting working capital of CA$113.40 Million against net assets of CA$623.55 Million CAD. See Total Energy Services Inc. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Total Energy Services Inc. Working Capital to Net Assets Ratio by Year (1998–2025)
Total Energy Services Inc. working capital to net assets ratio by year from 1998 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Total Energy Services Inc. from 1998 to 2025, covering 28 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see TOT total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 18.0% | CA$108.02 Million | CA$601.31 Million | CA$370.92 Million | CA$262.89 Million | ▲ +4.2 pp |
| 2024 | 13.8% | CA$78.74 Million | CA$571.04 Million | CA$309.20 Million | CA$230.46 Million | ▼ -9.5 pp |
| 2023 | 23.3% | CA$123.44 Million | CA$530.76 Million | CA$300.45 Million | CA$177.01 Million | ▲ +1.8 pp |
| 2022 | 21.5% | CA$112.15 Million | CA$522.02 Million | CA$299.98 Million | CA$187.82 Million | ▼ -6.3 pp |
| 2021 | 27.8% | CA$137.30 Million | CA$493.44 Million | CA$225.73 Million | CA$88.43 Million | ▲ +0.6 pp |
| 2020 | 27.2% | CA$138.94 Million | CA$510.99 Million | CA$200.68 Million | CA$61.74 Million | ▲ +8.2 pp |
| 2019 | 19.0% | CA$103.23 Million | CA$543.14 Million | CA$255.42 Million | CA$152.19 Million | ▼ -3.3 pp |
| 2018 | 22.3% | CA$124.97 Million | CA$560.58 Million | CA$296.93 Million | CA$171.96 Million | ▲ +12.2 pp |
| 2017 | 10.0% | CA$54.89 Million | CA$546.57 Million | CA$261.37 Million | CA$206.47 Million | ▼ -9.7 pp |
| 2016 | 19.7% | CA$71.77 Million | CA$364.30 Million | CA$127.55 Million | CA$55.78 Million | ▼ -3.9 pp |
| 2015 | 23.6% | CA$90.31 Million | CA$383.33 Million | CA$128.63 Million | CA$38.32 Million | ▲ +2.0 pp |
| 2014 | 21.5% | CA$82.33 Million | CA$382.06 Million | CA$166.59 Million | CA$84.26 Million | ▼ 0.0 pp |
| 2013 | 21.6% | CA$73.51 Million | CA$340.61 Million | CA$132.38 Million | CA$58.87 Million | ▼ -8.1 pp |
| 2012 | 29.6% | CA$90.71 Million | CA$306.07 Million | CA$149.35 Million | CA$58.64 Million | ▼ -14.2 pp |
| 2011 | 43.9% | CA$120.79 Million | CA$275.32 Million | CA$169.27 Million | CA$48.49 Million | ▲ +9.9 pp |
| 2010 | 33.9% | CA$70.41 Million | CA$207.44 Million | CA$108.10 Million | CA$37.69 Million | ▲ +15.0 pp |
| 2009 | 19.0% | CA$29.49 Million | CA$155.63 Million | CA$55.67 Million | CA$26.18 Million | ▲ +14.0 pp |
| 2008 | 4.9% | CA$7.25 Million | CA$147.38 Million | CA$72.43 Million | CA$65.17 Million | ▼ -5.0 pp |
| 2007 | 10.0% | CA$13.44 Million | CA$134.80 Million | CA$67.52 Million | CA$54.08 Million | ▼ -1.7 pp |
| 2006 | 11.6% | CA$15.91 Million | CA$136.69 Million | CA$61.21 Million | CA$45.31 Million | ▼ -2.3 pp |
| 2005 | 13.9% | CA$16.44 Million | CA$118.06 Million | CA$71.63 Million | CA$55.19 Million | ▼ -3.5 pp |
| 2004 | 17.5% | CA$13.07 Million | CA$74.81 Million | CA$43.23 Million | CA$30.16 Million | ▲ +0.4 pp |
| 2003 | 17.0% | CA$10.01 Million | CA$58.69 Million | CA$34.73 Million | CA$24.73 Million | ▲ +18.1 pp |
| 2002 | -1.0% | CA$-414.00K | CA$39.73 Million | CA$21.55 Million | CA$21.97 Million | ▼ -12.9 pp |
| 2001 | 11.9% | CA$4.01 Million | CA$33.75 Million | CA$20.85 Million | CA$16.83 Million | ▲ +1.4 pp |
| 2000 | 10.5% | CA$3.00 Million | CA$28.50 Million | CA$19.40 Million | CA$16.40 Million | ▲ +12.6 pp |
| 1999 | -2.1% | CA$-400.00K | CA$19.30 Million | CA$12.60 Million | CA$13.00 Million | ▲ +1.1 pp |
| 1998 | -3.2% | CA$-600.00K | CA$18.80 Million | CA$8.50 Million | CA$9.10 Million | — |