Total Energy Services Inc. (TOT) — 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. See TOT free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Total Energy Services Inc. Working Capital to Net Assets (1998–2025)
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 TOT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Total Energy Services Inc. (1998–2025)
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 live market cap and the full company profile, see Total Energy Services Inc. market capitalisation.
| 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 | — |