Civeo Corporation (CVEO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 152.82M | 131.21M | 140.13M | 139.21M | 134.44M | 110.45M | 145.51M | 151.59M | 168.87M | 175.25M | 190.63M | 175.88M | 158.62M | 153.55M | 164.72M | 169.72M | 161.85M | 157.19M | 158.02M | 143.28M |
| Cash & Short-Term Investments | 16.55M | 14.44M | 12M | 14.64M | 28.37M | 5.2M | 17.91M | 7.43M | 16.75M | 3.32M | 7.82M | 11.42M | 12.37M | 7.95M | 8.36M | 4.78M | 6.42M | 6.28M | 4.95M | 4.41M |
| Cash Only | 16.55M | 14.44M | 12M | 14.64M | 28.37M | 5.2M | 17.91M | 7.43M | 16.75M | 3.32M | 7.82M | 11.42M | 12.37M | 7.95M | 8.36M | 4.78M | 6.42M | 6.28M | 4.95M | 4.41M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 107.17M | 90.47M | 106.38M | 104.49M | 93.64M | 89.04M | 106.71M | 124.34M | 131.48M | 143.22M | 153.95M | 140.09M | 122.96M | 119.75M | 122.28M | 134.84M | 124.48M | 114.86M | 108.06M | 114.19M |
| Days Sales Outstanding | 51.51 | 56.03 | 56.89 | 55.41 | 57.07 | 59.65 | 60.27 | 61.68 | 75.24 | 80.03 | 73.68 | 66.92 | 65.17 | 68.64 | 64.2 | 63.8 | 65.01 | 64.17 | 65.93 | 59.6 |
| Inventory | 6.34M | 6.22M | 5.81M | 5.82M | 5.74M | 7.54M | 8.77M | 8.35M | 7.23M | 6.98M | 6.27M | 7.17M | 7.38M | 6.91M | 6.98M | 7.38M | 7.27M | 6.47M | 6.09M | 6.96M |
| Days Inventory Outstanding | - | 3.12 | 3.65 | 4.33 | 5.21 | 6.11 | 5.68 | 5.04 | 4.96 | 4.51 | 4.75 | 5.04 | 4.82 | 5 | 4.95 | 5.13 | 4.91 | 4.93 | 5.39 | 5.74 |
| Other Current Assets | 22.77M | 2.88M | 1.3M | 1.3M | 1.22M | 1.21M | 1.22M | 2.38M | 7.32M | 13.28M | 11.44M | 11.03M | 10.78M | 11.73M | 17.61M | 17.71M | 18.77M | 22.71M | 28.11M | 12.18M |
| Total Non-Current Assets | 338.78M | 346.2M | 350.94M | 369.63M | 289.31M | 294.62M | 332.13M | 331.64M | 344.2M | 372.82M | 365.96M | 383.08M | 392.54M | 412.63M | 418.61M | 467.67M | 511.25M | 515.54M | 526.02M | 574.41M |
| Property, Plant & Equipment | 252.97M | 259M | 264.76M | 279.71M | 208.91M | 214.3M | 244.85M | 248.55M | 258.58M | 282.85M | 276.3M | 289.58M | 299.43M | 317.61M | 324.02M | 365.39M | 403.9M | 408.32M | 419.23M | 464.26M |
| Fixed Asset Turnover | 0.67x | 0.62x | 0.63x | 0.67x | 0.68x | 0.66x | 0.71x | 0.74x | 0.61x | 0.61x | 0.65x | 0.61x | 0.54x | 0.51x | 0.53x | 0.48x | 0.41x | 0.39x | 0.35x | 0.32x |
| Goodwill | 7.77M | 7.54M | 7.43M | 7.41M | 7.05M | 7M | 7.81M | 7.54M | 7.36M | 7.69M | 7.29M | 7.52M | 7.57M | 7.67M | 7.32M | 7.8M | 8.47M | 8.2M | 8.13M | 8.47M |
| Intangible Assets | 68.23M | 70.41M | 70.75M | 73.44M | 65.29M | 66.5M | 72.43M | 72.71M | 74.69M | 78M | 77.55M | 80.64M | 80.37M | 81.75M | 82M | 88.94M | 93.54M | 93.64M | 94.68M | 98.97M |
| Long-Term Investments | 0 | 0 | 2.15M | 0 | 0 | 0 | 0 | -7.18M | -9.05M | -11.8M | -7.02M | -8.63M | 0 | -4.78M | 0 | 0 | -2.49M | 0 | 0 | 0 |
| Other Non-Current Assets | 9.81M | 9.24M | 5.85M | 9.06M | 8.06M | 6.82M | 1.8M | 2.85M | 3.57M | 4.28M | 4.83M | 5.34M | -698K | 5.6M | -2.07M | 1.55M | 5.34M | 5.37M | 3.99M | 2.71M |
| Total Assets | 491.61M | 477.41M | 491.07M | 508.84M | 423.75M | 405.07M | 477.64M | 483.23M | 513.07M | 548.06M | 556.59M | 558.96M | 551.16M | 566.18M | 583.33M | 637.4M | 673.09M | 672.73M | 684.04M | 717.69M |
| Asset Turnover | 0.36x | 0.33x | 0.34x | 0.35x | 0.35x | 0.34x | 0.37x | 0.38x | 0.31x | 0.31x | 0.33x | 0.32x | 0.30x | 0.28x | 0.30x | 0.28x | 0.25x | 0.24x | 0.22x | 0.22x |
| Asset Growth % | 16.01% | 17.86% | 2.81% | 5.3% | -17.41% | -26.09% | -14.19% | -13.55% | -6.91% | -3.2% | -4.58% | -12.31% | -18.12% | -15.84% | -14.72% | -11.19% | -5.22% | -9.19% | -6.67% | -2.3% |
| Total Current Liabilities | 81.07M | 84.94M | 85.53M | 92.24M | 81.15M | 92.65M | 106.84M | 98.08M | 92.85M | 114.24M | 125.29M | 102.68M | 103.22M | 128.26M | 117.72M | 119.35M | 119.15M | 136.92M | 136.95M | 131.24M |
| Accounts Payable | 44.65M | 44.28M | 43.94M | 44.7M | 38.7M | 39.97M | 48.5M | 47.15M | 48.64M | 58.7M | 53.12M | 47.76M | 47.82M | 51.09M | 46.23M | 45.36M | 47.2M | 49.32M | 45.19M | 43.96M |
| Days Payables Outstanding | - | 22.86 | 27.79 | 31.22 | 30.89 | 33.13 | 31.76 | 30.95 | 37.44 | 38.09 | 35.62 | 33.09 | 33.34 | 35.06 | 31.56 | 32.38 | 34.52 | 37.09 | 36.8 | 36.35 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 3.64M | 0 | 0 | 0 | 3.76M | 7.14M | 14.66M | 21.48M | 28.45M | 27.96M | 29.88M | 30.87M | 34.82M | 30.47M | 35.59M |
| Deferred Revenue (Current) | 2.81M | 2.9M | 2.67M | 2.84M | 2.58M | 2.5M | 2.79M | 4.19M | 4.49M | 4.85M | 6.88M | 3.1M | 3.99M | 991K | 2.09M | 7.26M | 13.61M | 18.48M | 24.22M | 21.49M |
| Other Current Liabilities | 78.27M | 31.44M | 11.67M | 18.89M | 10.55M | 6.47M | 11.01M | 11.04M | 11.9M | 9.24M | 30.08M | 17.2M | 12.9M | 13.2M | 13.76M | 13.44M | 8.79M | 5.25M | 10.88M | 11.08M |
| Current Ratio | 1.88x | 1.54x | 1.64x | 1.51x | 1.66x | 1.19x | 1.36x | 1.55x | 1.82x | 1.53x | 1.52x | 1.71x | 1.54x | 1.20x | 1.40x | 1.42x | 1.36x | 1.15x | 1.15x | 1.09x |
| Quick Ratio | 1.81x | 1.47x | 1.57x | 1.45x | 1.59x | 1.11x | 1.28x | 1.46x | 1.74x | 1.47x | 1.47x | 1.64x | 1.47x | 1.14x | 1.34x | 1.36x | 1.30x | 1.10x | 1.11x | 1.04x |
| Cash Conversion Cycle | - | 36.28 | 32.75 | 28.51 | 31.39 | 32.63 | 34.2 | 35.77 | 42.76 | 46.46 | 42.81 | 38.87 | 36.65 | 38.59 | 37.59 | 36.54 | 35.4 | 32.01 | 34.51 | 29 |
| Total Non-Current Liabilities | 249.78M | 218.09M | 223M | 207.16M | 121.87M | 75.43M | 86.85M | 85.76M | 120.11M | 110.79M | 137.34M | 160.95M | 155.77M | 134.23M | 129.41M | 154.52M | 180.97M | 172.71M | 194.31M | 223.04M |
| Long-Term Debt | 226.32M | 182.84M | 187.94M | 168.67M | 87.37M | 43.3M | 50.08M | 47.49M | 78.6M | 65.55M | 95.85M | 121M | 120.44M | 102.5M | 96.73M | 123.02M | 145.04M | 142.6M | 162.69M | 189.23M |
| Capital Lease Obligations | 0 | 11.14M | 10.09M | 11.07M | 10.04M | 8.81M | 7.92M | 8.57M | 9.45M | 9.88M | 10.36M | 11.45M | 12.01M | 12.77M | 11.67M | 13.44M | 14.91M | 15.43M | 16.38M | 18M |
| Deferred Tax Liabilities | 3.27M | 3.32M | 4.34M | 5.81M | 3.07M | 3.56M | 5.24M | 7.18M | 9.05M | 11.8M | 7.02M | 8.63M | 5.87M | 4.78M | 7.34M | 4M | 2.49M | 896K | 0 | 0 |
| Other Non-Current Liabilities | 20.2M | 20.79M | 20.64M | 21.61M | 21.39M | 14.66M | 17.26M | 15.73M | 15.9M | 23.55M | 24.11M | 16.64M | 14.48M | 14.17M | 13.67M | 14.07M | 18.53M | 12.88M | 15.24M | 15.82M |
| Total Liabilities | 330.86M | 303.03M | 308.52M | 299.4M | 203.01M | 168.07M | 193.69M | 183.85M | 212.96M | 225.02M | 262.63M | 263.63M | 258.99M | 262.48M | 247.13M | 273.88M | 300.12M | 309.62M | 331.26M | 354.28M |
| Total Debt | 226.32M | 193.98M | 198.02M | 179.74M | 97.4M | 55.75M | 57.99M | 56.06M | 88.04M | 79.19M | 113.35M | 147.11M | 153.93M | 143.72M | 136.36M | 166.34M | 190.82M | 192.85M | 209.54M | 242.82M |
| Net Debt | 209.77M | 179.54M | 186.02M | 165.1M | 69.03M | 50.55M | 40.08M | 48.63M | 71.29M | 75.87M | 105.53M | 135.69M | 141.56M | 135.77M | 128M | 161.55M | 184.39M | 186.57M | 204.6M | 238.4M |
| Debt / Equity | 1.41x | 1.11x | 1.08x | 0.86x | 0.44x | 0.24x | 0.20x | 0.19x | 0.29x | 0.25x | 0.39x | 0.50x | 0.53x | 0.47x | 0.41x | 0.46x | 0.51x | 0.53x | 0.59x | 0.67x |
| Debt / EBITDA | 34.11x | 10.37x | 7.71x | 8.71x | 9.07x | 8.29x | 3.32x | 1.86x | 5.87x | 2.40x | 3.44x | 4.76x | 8.67x | 15.71x | 4.08x | 4.46x | 7.83x | 6.89x | 7.97x | 10.33x |
| Net Debt / EBITDA | 31.62x | 9.60x | 7.24x | 8.00x | 6.43x | 7.52x | 2.29x | 1.61x | 4.76x | 2.30x | 3.20x | 4.40x | 7.97x | 14.84x | 3.83x | 4.33x | 7.57x | 6.67x | 7.78x | 10.14x |
| Interest Coverage | - | 0.03x | 2.05x | 1.11x | -3.18x | -6.20x | 0.17x | 6.12x | -0.54x | 12.91x | 3.38x | 2.95x | -0.39x | -3.35x | 4.32x | 5.62x | 2.40x | 4.92x | 1.88x | 0.86x |
| Total Equity | 160.75M | 174.38M | 182.55M | 209.44M | 220.74M | 237M | 283.94M | 299.39M | 300.11M | 323.04M | 293.96M | 295.33M | 292.18M | 303.7M | 336.2M | 363.52M | 372.97M | 363.11M | 352.79M | 363.4M |
| Equity Growth % | -27.18% | -26.42% | -35.71% | -30.04% | -26.45% | -26.63% | -3.41% | 1.37% | 2.72% | 6.37% | -12.56% | -18.76% | -21.66% | -16.36% | -4.7% | 0.03% | 2.43% | -3.26% | -0.23% | 8.72% |
| Book Value per Share | 14.69 | 15.25 | 13.98 | 15.64 | 16.23 | 17.31 | 19.87 | 20.51 | 20.48 | 21.75 | 19.74 | 19.69 | 19.28 | 21.95 | 23.90 | 25.47 | 26.23 | 25.41 | 24.57 | 25.45 |
| Total Shareholders' Equity | 160.75M | 174.38M | 182.55M | 209.44M | 220.74M | 236.37M | 282.16M | 297.43M | 297.38M | 320.17M | 290.72M | 292.16M | 288.71M | 300.14M | 333.31M | 360.94M | 370.89M | 361.5M | 351.75M | 362.81M |
| Common Stock | -11.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -1.08B | -1.06B | -1.05B | -1.02B | -997.4M | -980.72M | -956.54M | -933.35M | -931.13M | -919.02M | -935.94M | -939.98M | -940.25M | -930.12M | -911.93M | -903.49M | -912.04M | -912.95M | -918.54M | -918.16M |
| Treasury Stock | 0 | -10.78M | -10.78M | -10.78M | -10.78M | -10.13M | -10.13M | -10.13M | -10.13M | -9.06M | -9.06M | -9.06M | -9.06M | -9.06M | -9.06M | -9.06M | -9.06M | -8.05M | -8.05M | -8.05M |
| Accumulated OCI | -385.92M | -390.81M | -393.34M | -392.57M | -403.51M | -404.6M | -382.02M | -389.23M | -390.88M | -380.71M | -392.08M | -385.35M | -387.36M | -385.19M | -394.41M | -373.84M | -353.91M | -361.88M | -364.36M | -352.17M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 625K | 1.78M | 1.96M | 2.73M | 2.87M | 3.24M | 3.17M | 3.47M | 3.56M | 2.89M | 2.58M | 2.08M | 1.61M | 1.03M | 595K |