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CES Energy Solutions (CES Energy Solutions) Total Assets : $1,027 Mil (As of Dec. 2023)


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What is CES Energy Solutions Total Assets?

CES Energy Solutions's Total Assets for the quarter that ended in Dec. 2023 was $1,027 Mil.

During the past 12 months, CES Energy Solutions's average Total Assets Growth Rate was -2.40% per year. During the past 3 years, the average Total Assets Growth Rate was 17.90% per year. During the past 5 years, the average Total Assets Growth Rate was 2.60% per year. During the past 10 years, the average Total Assets Growth Rate was 3.70% per year.

During the past 13 years, CES Energy Solutions's highest 3-Year average Total Assets Growth Rate was 55.20%. The lowest was -9.70%. And the median was 17.90%.

Total Assets is connected with ROA %. CES Energy Solutions's annualized ROA % for the quarter that ended in Dec. 2023 was 14.53%. Total Assets is also linked to Revenue through Asset Turnover. CES Energy Solutions's Asset Turnover for the quarter that ended in Dec. 2023 was 0.41.


CES Energy Solutions Total Assets Historical Data

The historical data trend for CES Energy Solutions'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.

CES Energy Solutions Total Assets Chart

CES Energy Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 926.25 669.75 849.69 1,038.65 1,026.58

CES Energy Solutions 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 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 1,038.65 1,018.51 996.40 991.64 1,026.58

CES Energy Solutions 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.

CES Energy Solutions'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 )
=490.455+536.129
=1,027

CES Energy Solutions'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 )
=490.455+536.129
=1,027

* 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.


CES Energy Solutions  (OTCPK:CESDF) Total Assets Explanation

Total Assets is connected with ROA %.

CES Energy Solutions'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 )
=146.652/( (991.643+1026.584)/ 2 )
=146.652/1009.1135
=14.53 %

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.

CES Energy Solutions'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 )
=412.535/( (991.643+1026.584)/ 2 )
=412.535/1009.1135
=0.41

* 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.

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.

CES Energy Solutions Total Assets Related Terms

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CES Energy Solutions (CES Energy Solutions) Business Description

Traded in Other Exchanges
Address
332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2
CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

CES Energy Solutions (CES Energy Solutions) Headlines