Ensign Energy Services (Ensign Energy Services) Total Assets : $2,197 Mil (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Ensign Energy Services Total Assets?

Ensign Energy Services's Total Assets for the quarter that ended in Dec. 2023 was $2,197 Mil.

During the past 12 months, Ensign Energy Services's average Total Assets Growth Rate was -6.60% per year. During the past 3 years, the average Total Assets Growth Rate was -0.90% per year. During the past 5 years, the average Total Assets Growth Rate was -4.90% per year. During the past 10 years, the average Total Assets Growth Rate was -1.60% per year.

During the past 13 years, Ensign Energy Services's highest 3-Year average Total Assets Growth Rate was 52.90%. The lowest was -8.90%. And the median was 13.65%.

Total Assets is connected with ROA %. Ensign Energy Services's annualized ROA % for the quarter that ended in Dec. 2023 was 4.26%. Total Assets is also linked to Revenue through Asset Turnover. Ensign Energy Services's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

Ensign Energy Services Total Assets Historical Data

The historical data trend for Ensign Energy Services's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ensign Energy Services Total Assets Chart

Ensign Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

2,635.43

2,384.65

2,325.82

2,343.69

2,197.37

Ensign Energy Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															2,343.69	2,298.05	2,280.94	2,271.12	2,197.37

Ensign Energy Services Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Ensign Energy Services's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	975.523	+	1221.843
	=	2,197

Ensign Energy Services's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	975.523	+	1221.843
	=	2,197

Ensign Energy Services (OTCPK:ESVIF) Total Assets Explanation

Total Assets is connected with ROA %.

Ensign Energy Services's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	95.176	/	( (2271.12	+	2197.366)	/ 2 )
	=	95.176	/	2234.243
	=	4.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Ensign Energy Services's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	320.915	/	( (2271.12	+	2197.366)	/ 2 )
=	320.915	/	2234.243
=	0.14

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Ensign Energy Services Total Assets Related Terms

Thank you for viewing the detailed overview of Ensign Energy Services's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Ensign Energy Services (Ensign Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ensign Energy Services Inc (OTCPK:ESVIF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ENB:Germany ESI:Canada

Address

400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6

Website

https://www.ensignenergy.com

Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.