Total Energy Services (TSX:TOT) Current Ratio: 1.35 (As of Mar. 2026) — 20% Below Median


TSX:TOT Total Energy Services Inc TSX:TOT
84 GF Score
Price C$22.08
GF Value C$13.85
Valuation Significantly Overvalued
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What is Total Energy Services Current Ratio?

Total Energy Services TSX:TOT +2.03% 84 Current Ratio is 1.35 as of Mar. 2026, which is 20% below its 10-year median of 1.68. GuruFocus rates TSX:TOT with a GF Score™ of 84/100 and a GF Value™ of C$13.85 (Significantly Overvalued). Among 1,014 Oil & Gas companies, Total Energy Services ranks better than 50.2% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Total Energy Services's current ratio for the quarter that ended in Mar. 2026 was 1.35.

Total Energy Services has a current ratio of 1.35. It generally indicates good short-term financial strength.

The historical rank and industry rank for Total Energy Services's Current Ratio or its related term are showing as below:

TSX:TOT' s Current Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.68   Max: 3.76
Current: 1.35

During the past 13 years, Total Energy Services's highest Current Ratio was 3.76. The lowest was 1.11. And the median was 1.68.

TSX:TOT's Current Ratio is ranked better than
50.2% of 1014 companies
in the Oil & Gas industry
Industry Median: 1.345 vs TSX:TOT: 1.35

Total Energy Services  (TSX:TOT) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Total Energy Services Current Ratio Related Terms


Total Energy Services Current Ratio Historical Data

* Premium members only.

The historical data trend for Total Energy Services's Current Ratio 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.

Total Energy Services Current Ratio Chart

Total Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 1.60 1.70 1.34 1.41

Total Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 1.56 1.43 1.41 1.35

TSX:TOT vs SLB, BKR, HAL: Current Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Total Energy Services's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Total Energy Services Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Total Energy Services's Current Ratio distribution charts can be found below:

* The bar in red indicates where Total Energy Services's Current Ratio falls into.


TSX:TOT
84GF Score
Total Energy Services Inc TSX:TOT
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Total Energy Services Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Total Energy Services's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=370.918/262.895
=1.41

Total Energy Services's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=435.608/322.204
=1.35

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.35 mean?
Total Energy Services (TSX:TOT) has a Current Ratio of 1.35 as of Mar. 2026. This is 20% below median its historical median of 1.68. Over the past decade, Total Energy Services' Current Ratio has ranged from 1.11 to 3.76. According to the industry distribution chart, Total Energy Services ranks #505 out of 1014 companies in the Oil & Gas industry, placing it in the top 49.8%.
Is Total Energy Services' Current Ratio too high?
Total Energy Services' current Current Ratio of 1.35 is 20% below median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 3.76. The Oil & Gas industry median Current Ratio is 1.35. Total Energy Services' value of 1.35 is 0.4% above this industry median. Based on the distribution chart, Total Energy Services ranks #505 out of 1014 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Total Energy Services has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Total Energy Services' Current Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Total Energy Services ranks #505 out of 1014 companies for Current Ratio. This puts Total Energy Services in the upper half of its industry. The industry median Current Ratio is 1.35. Total Energy Services' value of 1.35 is 0.4% above this benchmark. Historically, Total Energy Services' own Current Ratio has ranged from 1.11 to 3.76 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.35, Total Energy Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Total Energy Services's current Current Ratio of 1.35 is 0.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Total Energy Services's current Current Ratio is 1.35, which is 20% below median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Total Energy Services (TSX:TOT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$13.85, compared to a current price of C$22.08 — trading 59.4% above its estimated fair value. The current Current Ratio is 1.35, which is 20% below median its 10-year median of 1.68 and 0.4% above the Oil & Gas industry median of 1.35. Total Energy Services' overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Total Energy Services (TSX:TOT), the current Current Ratio is 1.35 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Total Energy Services (TSX:TOT) Overvalued in 2026?

Based on GuruFocus' analysis, Total Energy Services stock appears to be overvalued. The current stock price of C$22.08 is trading 59.4% above its estimated GF Value™ of C$13.85. GuruFocus considers Total Energy Services to be Significantly Overvalued.

Key valuation signals for TSX:TOT:

  • Current Ratio: 1.35 (20% below median its 10-year median of 1.68)
  • GF Value™: C$13.85 vs. price of C$22.08 (59.4% above fair value)
  • GF Score™: 84/100
  • Industry Position: 0.4% above the Oil & Gas median (#505 of 1014)

No single metric tells the full story. See the TSX:TOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Total Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges TOTZF:USA0S9F:UK5O7:Germany
Address 1000, 734-7th Av. S.W, Calgary, AB, CAN, T2P 3P8
Total Energy Services Inc is a diversified energy services provider based in Calgary, Alberta. The company provides various products and services to the energy and other resource industries in Canada, the United States and Australia, including contract drilling services, the rental and transportation of equipment used in energy and other industrial operations, the fabrication, sale, rental and servicing of gas compression and process equipment and well servicing. Its segments include Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services, and Well Servicing. It derives majority of the revenue from Compression and Process Services segment that involves the design, manufacture, installation, start-up and service of compression and process equipment.
84GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$22.08
Price
C$13.85
GF Value