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Ensign Energy Services Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 1.7B 1.8B 1.6B 995.6M
Operating Revenue 1.7B 1.8B 1.6B 995.6M
Cost Of Revenue 1.5B 1.6B 1.4B 1.0B
Gross Profit 151.7M 240.9M 141.1M -36.8M
Selling General And Administration 69.2M 60.3M 68.3M 44.6M
General And Administrative Expense 69.2M 60.3M 68.3M 44.6M
Operating Expense 69.2M 60.3M 68.3M 44.6M
Operating Income 82.5M 180.5M 72.8M -81.4M
EBIT 71.9M 174.4M 112.9M -96.9M
Interest Expense 97.5M 126.7M 119.3M 97.6M
Interest Expense Non Operating 97.5M 126.7M 119.3M 97.6M
Net Interest Income -99.2M -135.6M -128.1M -108.4M
Other Income Expense -8.9M 2.7M 48.9M -4.7M
Other Non Operating Income Expenses -- -- -- 7.4M
Special Income Charges 10.5M 6.5M 29.3M -984,000
Restructuring And Mergern Acquisition -- -- 0.00 4.6M
Gain On Sale Of Security -19.5M -3.8M 19.6M -11.1M
Earnings From Equity Interest -- -- -- 0.00
Pretax Income -25.6M 47.7M -6.4M -194.5M
Tax Provision -5.3M 6.0M -14.9M -38.5M
Tax Effect Of Unusual Items -1.9M 340,579 12.8M -2.4M
Net Income From Continuing And Discontinued Operation -20.8M 41.2M 8.1M -159.5M
Net Income From Continuing Operation Net Minority Interest -20.8M 41.2M 8.1M -156.0M
Net Income Including Noncontrolling Interests -20.3M 41.7M 8.5M -159.5M
Minority Interests -486,000 -464,000 -358,000 -15,000
Net Income Common Stockholders -20.8M 41.2M 8.1M -159.5M
Net Income -20.8M 41.2M 8.1M -159.5M
EBITDA 427.8M 481.7M 394.0M 191.3M
Normalized EBITDA 436.7M 479.0M 345.1M 203.4M
Reconciled Depreciation 355.8M 307.3M 281.1M 288.2M
Basic EPS -0.11 0.22 0.05 -0.98
Diluted EPS -0.11 0.22 0.05 -0.98
Basic Average Shares 184.0M 183.9M 175.6M 162.5M
Diluted Average Shares 184.6M 185.0M 176.4M 163.2M
Total Unusual Items -8.9M 2.7M 48.9M -12.1M
Total Unusual Items Excluding Goodwill -8.9M 2.7M 48.9M -12.1M
Tax Rate For Calcs 0.21 0.13 0.26 0.20
Normalized Income -13.7M 38.9M -28.0M -146.3M
Diluted NI Availto Com Stockholders -20.8M 41.2M 8.1M -159.5M
Gain On Sale Of Ppe 10.5M 6.5M 29.3M 3.6M
Net Income Continuous Operations -20.3M 41.7M 8.5M -156.0M
Net Income Discontinuous Operations -- -- 0.00 -3.5M
Net Non Operating Interest Income Expense -99.2M -135.6M -128.1M -108.4M
Other Gand A 57.4M 58.0M 48.6M 38.2M
Reconciled Cost Of Revenue 1.5B 1.6B 1.4B 1.0B
Salaries And Wages 11.8M 2.3M 19.7M 6.4M
Total Expenses 1.6B 1.6B 1.5B 1.1B
Total Other Finance Cost 1.7M 8.9M 8.8M 10.8M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 28.1M 20.5M 49.9M 13.3M
Cash Cash Equivalents And Short Term Investments 28.1M 20.5M 49.9M 13.3M
Cash Financial 28.1M 20.5M 49.9M 13.3M
Accounts Receivable 267.1M 256.0M 295.5M 174.0M
Receivables 310.5M 304.5M 360.0M 227.4M
Inventory 50.5M 56.8M 60.8M 49.2M
Other Current Assets -- -- -- -1,000
Current Assets 389.0M 381.9M 470.6M 289.9M
Gross PPE 5.9B 5.8B 6.0B 5.8B
Accumulated Depreciation -3.6B -3.5B -3.5B -3.3B
Net PPE 2.3B 2.4B 2.5B 2.5B
Total Non Current Assets 2.5B 2.6B 2.7B 2.7B
Total Assets 2.9B 2.9B 3.2B 3.0B
Current Debt 181.9M 110.7M 882.7M --
Current Debt And Capital Lease Obligation 194.8M 119.0M 894.0M 5.3M
Accounts Payable 165.4M 114.6M 145.4M 76.9M
Payables 171.2M 118.8M 149.8M 78.3M
Payables And Accrued Expenses 270.5M 215.7M 259.1M 172.7M
Current Accrued Expenses 99.3M 96.9M 109.3M 94.4M
Current Deferred Revenue 12.9M 16.3M 10.8M 5.4M
Other Current Liabilities 3.0M 4.0M 2.8M 1.2M
Current Liabilities 489.9M 366.1M 1.2B 185.6M
Long Term Debt 869.7M 1.1B 556.9M 1.5B
Long Term Debt And Capital Lease Obligation 881.2M 1.1B 562.8M 1.5B
Long Term Capital Lease Obligation 11.5M 11.6M 5.9M 4.3M
Total Non Current Liabilities Net Minority Interest 1.1B 1.3B 716.7M 1.6B
Total Liabilities Net Minority Interest 1.5B 1.6B 1.9B 1.8B
Common Stock 268.0M 267.5M 267.8M 230.4M
Capital Stock 268.0M 267.5M 267.8M 230.4M
Additional Paid In Capital 23.4M 23.8M 23.4M 23.2M
Retained Earnings 742.0M 762.8M 721.5M 713.4M
Gains Losses Not Affecting Retained Earnings 336.2M 254.8M 276.1M 223.3M
Other Equity Adjustments 336.2M 254.8M 276.1M 223.3M
Common Stock Equity 1.4B 1.3B 1.3B 1.2B
Stockholders Equity 1.4B 1.3B 1.3B 1.2B
Total Equity Gross Minority Interest 1.4B 1.3B 1.3B 1.2B
Total Capitalization 2.2B 2.4B 1.8B 2.6B
Net Tangible Assets 1.4B 1.3B 1.3B 1.2B
Tangible Book Value 1.4B 1.3B 1.3B 1.2B
Working Capital -100.9M 15.8M -707.8M 104.2M
Invested Capital 2.4B 2.5B 2.7B 2.6B
Total Debt 1.1B 1.2B 1.5B 1.5B
Net Debt 1.0B 1.2B 1.4B 1.4B
Share Issued 183.5M 183.4M 183.5M 162.0M
Ordinary Shares Number 182.3M 182.5M 182.6M 160.8M
Allowance For Doubtful Accounts Receivable -16.8M -15.7M -15.5M -16.8M
Capital Lease Obligations 24.3M 19.9M 17.3M 9.6M
Current Capital Lease Obligation 12.8M 8.3M 11.3M 5.3M
Current Deferred Liabilities 12.9M 16.3M 10.8M 5.4M
Dueto Related Parties Non Current -- -- 0.00 4.8M
Employee Benefits 8.0M 6.6M 13.6M 8.0M
Gross Accounts Receivable 283.9M 271.7M 310.9M 190.8M
Income Tax Payable 5.8M 4.2M 4.4M 1.4M
Interest Payable 2.9M 4.3M 12.2M 11.5M
Machinery Furniture Equipment 157.2M 149.9M 135.8M 125.7M
Non Current Deferred Assets 215.5M 209.6M 196.4M 174.2M
Non Current Deferred Liabilities 156.2M 146.5M 134.9M 120.1M
Non Current Deferred Taxes Assets 215.5M 209.6M 196.4M 174.2M
Non Current Deferred Taxes Liabilities 156.2M 146.5M 134.9M 120.1M
Other Current Borrowings 181.9M 110.7M 882.7M --
Other Equity Interest -- -- -- 2.4M
Other Receivables 43.4M 48.5M 64.4M 52.8M
Pensionand Other Post Retirement Benefit Plans Current 8.7M 11.0M 11.7M 1.1M
Properties 5.8B 5.7B 5.9B 5.7B
Taxes Receivable -- 0.00 40,000 580,000
Total Tax Payable 5.8M 4.2M 4.4M 1.4M
Tradeand Other Payables Non Current 5.7M 8.8M 5.4M 7.6M
Treasury Shares Number 1.2M 940,153 855,007 1.2M
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 471.8M 492.5M 320.0M 178.6M
Cash Flow From Continuing Operating Activities 471.8M 492.5M 320.0M 178.6M
Depreciation And Amortization 355.8M 307.3M 281.1M 288.2M
Depreciation Amortization Depletion 355.8M 307.3M 281.1M 288.2M
Stock Based Compensation 1.3M -8.1M 17.8M 6.4M
Deferred Tax -8.3M 1.1M -15.9M -39.4M
Deferred Income Tax -8.3M 1.1M -15.9M -39.4M
Change In Working Capital 35.6M 27.6M -52.0M -12.1M
Other Non Cash Items 99.2M 135.6M 128.1M 101.0M
Capital Expenditure -178.7M -175.8M -174.4M -183.2M
Purchase Of PPE -178.7M -175.8M -174.4M -183.2M
Net PPE Purchase And Sale -147.6M -160.7M -126.8M -176.0M
Purchase Of Business -- -- -- -117.9M
Investing Cash Flow -130.8M -152.6M -121.5M -174.6M
Cash Flow From Continuing Investing Activities -130.8M -152.6M -121.5M -174.6M
Issuance Of Debt 120.9M 611.7M 71.2M 162.3M
Repayment Of Debt -354.6M -843.8M -113.3M -96.4M
Net Issuance Payments Of Debt -233.7M -232.1M -42.2M 65.9M
Repurchase Of Capital Stock -2.2M -1.9M -1.8M -1.2M
Net Common Stock Issuance -2.2M -1.9M -1.8M -1.2M
Common Stock Payments -2.2M -1.9M -1.8M -1.2M
Financing Cash Flow -334.7M -366.3M -162.0M -35.0M
Cash Flow From Continuing Financing Activities -334.7M -366.3M -162.0M -35.0M
Effect Of Exchange Rate Changes 1.3M -3.0M 115,000 83,000
Changes In Cash 6.3M -26.4M 36.5M -31.0M
Beginning Cash Position 20.5M 49.9M 13.3M 44.2M
End Cash Position 28.1M 20.5M 49.9M 13.3M
Free Cash Flow 293.1M 316.7M 145.6M -4.5M
Cash Dividends Paid 0.00 0.00 0.00 0.00
Depreciation 355.8M 307.3M 281.1M 288.2M
Dividends Received Cfi -500,000 0.00 -1.9M 0.00
Interest Paid Cff -99.0M -132.2M -118.1M -99.8M
Long Term Debt Issuance 120.9M 611.7M 71.2M 162.3M
Long Term Debt Payments -354.6M -843.8M -113.3M -96.4M
Net Business Purchase And Sale -- -- -- -117.9M
Net Foreign Currency Exchange Gain Loss 19.0M -6.2M -18.3M -2.4M
Net Income From Continuing Operations -20.3M 41.7M 8.5M -159.5M
Net Long Term Debt Issuance -233.7M -232.1M -42.2M 65.9M
Net Other Investing Changes 17.3M 8.1M 7.2M 1.4M
Operating Gains Losses 8.4M -12.7M -47.7M -6.0M
Proceeds From Stock Option Exercised 279,000 0.00 -- --
Sale Of PPE 31.0M 15.1M 47.5M 7.2M
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