ENGC (ENGlobal) Total Assets: $13.23 Mil (As of Sep. 2024)


ENGC ENGlobal Corp ENGC
16 GF Score
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What is ENGlobal Total Assets?

ENGlobal ENGC -43.78% 16 Total Assets is $13.23 Mil as of Sep. 2024. GuruFocus rates ENGC with a GF Score™ of 16/100.

ENGlobal's Total Assets for the quarter that ended in Sep. 2024 was $13.23 Mil.

Total Assets is connected with ROA %. ENGlobal's annualized ROA % for the quarter that ended in Sep. 2024 was -14.26%. Total Assets is also linked to Revenue through Asset Turnover. ENGlobal's Asset Turnover for the quarter that ended in Sep. 2024 was 0.41.

ENGlobal  (OTCPK:ENGC) Total Assets Explanation

Total Assets is connected with ROA %.

ENGlobal's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-2/( (14.815+13.23)/ 2 )
=-2/14.0225
=-14.26 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

ENGlobal's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=5.682/( (14.815+13.23)/ 2 )
=5.682/14.0225
=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.

ENGlobal Total Assets Related Terms

ENGlobal Total Assets Historical Data

* Premium members only.

The historical data trend for ENGlobal'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.

ENGlobal Total Assets Chart

ENGlobal 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 28.69 30.44 42.07 30.02 18.79

ENGlobal Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.71 18.79 16.04 14.82 13.23
ENGC
16GF Score
ENGlobal Corp ENGC
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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ENGlobal 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.

ENGlobal'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 )
=-1.555+20.342
=18.79

ENGlobal's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-4.435+17.665
=13.23

* 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 Total Assets →
What does a Total Assets of $13.23 Mil mean?
ENGlobal (ENGC) has a Total Assets of $13.23 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on ENGlobal and its competitors.
Is ENGlobal's Total Assets too high?
ENGlobal's current Total Assets is $13.23 Mil. Overall, ENGlobal has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ENGlobal's Total Assets compare to KAST and CCAJ?
ENGlobal's Total Assets of $13.23 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Construction company?
A good Total Assets depends on the Construction industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on ENGlobal and its competitors. ENGlobal's current Total Assets is $13.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENGlobal stock overvalued right now?
ENGlobal (ENGC) has a current Total Assets of $13.23 Mil. The current Total Assets is $13.23 Mil. ENGlobal's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For ENGlobal (ENGC), the current Total Assets is $13.23 Mil as of Sep. 2024. 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.

ENGlobal Business Description

Address 11740 Katy Freeway, Energy Tower 3, 11th floor, Houston, TX, USA, 77079
ENGlobal Corp engages in providing engineering and professional services to the energy industry. The company operates through two segments Commercial and Government Services. The Commercial segment derives revenue on contracts from time-and-material fees charged for professional and technical services. The Government segment provides services related to the design, integration and implementation of process distributed control and analyzer systems, advanced automated data gathering systems, information technology and the maintenance of these systems to the U.S. Government globally.
16GF Score

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

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