CVEO - Civeo Corporation
NYSE
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Industrials
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Specialty Business Services
Houston,
United States
Type: Equity
CVEO price evolution
CVEO
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3.32 | $7.82 | $11.42 | $12.37 |
| Short term investments | ||||
| Net receivables | $143.22 | $153.95 | $140.09 | $122.96 |
| Inventory | $6.98 | $6.27 | $7.17 | $7.38 |
| Total current assets | $175.25 | $190.63 | $175.88 | $158.62 |
| Long term investments | ||||
| Property, plant & equipment | $282.85 | $276.3 | $289.58 | $299.43 |
| Goodwill & intangible assets | $85.69 | $84.84 | $88.16 | $87.93 |
| Total noncurrent assets | $372.82 | $365.96 | $383.08 | $392.54 |
| Total investments | ||||
| Total assets | $548.06 | $556.59 | $558.96 | $551.16 |
| Current liabilities | ||||
| Accounts payable | $58.7 | $53.12 | $47.76 | $47.82 |
| Deferred revenue | $4.85 | $6.88 | $3.1 | $3.99 |
| Short long term debt | $7.14 | $14.66 | $21.48 | |
| Total current liabilities | $114.24 | $125.29 | $102.68 | $103.22 |
| Long term debt | $74.82 | $106.21 | $132.44 | $132.45 |
| Total noncurrent liabilities | $110.79 | $137.34 | $160.95 | $155.77 |
| Total debt | $74.82 | $113.35 | $147.11 | $153.93 |
| Total liabilities | $225.02 | $262.63 | $263.63 | $258.99 |
| Shareholders' equity | ||||
| Retained earnings | -$919.02 | -$935.94 | -$939.98 | -$940.25 |
| Other shareholder equity | -$380.71 | -$392.08 | -$385.35 | -$387.36 |
| Total shareholder equity | $320.17 | $290.72 | $292.16 | $288.71 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3.32 | $7.95 | $6.28 | $6.16 |
| Short term investments | ||||
| Net receivables | $143.22 | $119.75 | $114.86 | $89.78 |
| Inventory | $6.98 | $6.91 | $6.47 | $6.18 |
| Total current assets | $175.25 | $153.55 | $157.19 | $119.21 |
| Long term investments | ||||
| Property, plant & equipment | $282.85 | $317.61 | $408.32 | $509.54 |
| Goodwill & intangible assets | $85.69 | $89.42 | $101.85 | $108.48 |
| Total noncurrent assets | $372.82 | $412.63 | $515.54 | $621.64 |
| Total investments | ||||
| Total assets | $548.06 | $566.18 | $672.73 | $740.85 |
| Current liabilities | ||||
| Accounts payable | $58.7 | $51.09 | $49.32 | $42.06 |
| Deferred revenue | $4.85 | $0.99 | $18.48 | $6.81 |
| Short long term debt | $28.45 | $30.58 | $34.59 | |
| Total current liabilities | $114.24 | $128.26 | $136.92 | $116.77 |
| Long term debt | $74.82 | $102.5 | $158.03 | $233.83 |
| Total noncurrent liabilities | $110.79 | $134.23 | $172.71 | $248.73 |
| Total debt | $74.82 | $143.72 | $188.61 | $268.42 |
| Total liabilities | $225.02 | $266.05 | $309.62 | $365.5 |
| Shareholders' equity | ||||
| Retained earnings | -$919.02 | -$930.12 | -$912.95 | -$907.73 |
| Other shareholder equity | -$380.71 | -$385.19 | -$361.88 | -$348.99 |
| Total shareholder equity | $320.17 | $300.14 | $361.5 | $374.69 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $170.8 | $183.57 | $178.84 | $167.59 |
| Cost of revenue | $135.05 | $130.3 | $131.43 | $133.51 |
| Gross Profit | $35.75 | $53.28 | $47.42 | $34.08 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $19.72 | $20.24 | $16.46 | $16.19 |
| Total operating expenses | $18.57 | $37.24 | $37.25 | $37.98 |
| Operating income | $17.18 | $16.04 | $10.17 | -$3.9 |
| Income from continuing operations | ||||
| EBIT | $33.31 | $11.17 | $10.95 | -$1.46 |
| Income tax expense | $7.74 | -$1.21 | $2.88 | $1.23 |
| Interest expense | $2.55 | $3.37 | $3.6 | $3.66 |
| Net income | ||||
| Net income | $23.02 | $9.02 | $4.46 | -$6.35 |
| Income (for common shares) | $23.02 | $9.02 | $4.46 | -$6.35 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $700.8 | $697.05 | $594.46 | $529.73 |
| Cost of revenue | $530.29 | $517.06 | $436.46 | $382.09 |
| Gross Profit | $170.52 | $179.99 | $158 | $147.64 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $72.61 | $69.96 | $60.6 | $53.66 |
| Total operating expenses | $131.03 | $162.97 | $151.95 | $294.83 |
| Operating income | $39.49 | $17.02 | $6.05 | -$147.19 |
| Income from continuing operations | ||||
| EBIT | $53.97 | $19.87 | $17.69 | -$128.2 |
| Income tax expense | $10.63 | $4.4 | $3.38 | -$10.63 |
| Interest expense | $13.18 | $11.47 | $12.96 | $16.69 |
| Net income | ||||
| Net income | $30.16 | $4 | $1.35 | -$134.25 |
| Income (for common shares) | $30.16 | $2.23 | -$0.57 | -$136.14 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $23.02 | $9.02 | $4.46 | -$6.35 |
| Operating activities | ||||
| Depreciation | $15.87 | $16.91 | $20.7 | $21.66 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $1.16 | $1.25 | $1.18 | $0.87 |
| Total cash flows from operations | $39.97 | $36.83 | $19.4 | $0.36 |
| Investing activities | ||||
| Capital expenditures | -$0.78 | -$5.11 | -$6.49 | -$2.51 |
| Investments | ||||
| Total cash flows from investing | -$0.41 | -$5.11 | -$6.49 | -$2.51 |
| Financing activities | ||||
| Dividends paid | -$3.69 | -$3.73 | ||
| Sale and purchase of stock | -$2.41 | -$1.25 | -$4.2 | -$3.77 |
| Net borrowings | -$38.67 | -$30.12 | -$9.29 | $10.34 |
| Total cash flows from financing | -$44.78 | -$35.1 | -$13.49 | $6.57 |
| Effect of exchange rate | $0.72 | -$0.22 | -$0.37 | -$0.01 |
| Change in cash and equivalents | -$4.49 | -$3.6 | -$0.94 | $4.41 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $30.16 | $4 | $1.35 | -$134.25 |
| Operating activities | ||||
| Depreciation | $75.14 | $87.21 | $83.1 | $96.55 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $4.46 | $3.79 | $4.13 | $6.07 |
| Total cash flows from operations | $96.56 | $91.77 | $88.53 | $117.36 |
| Investing activities | ||||
| Capital expenditures | -$14.89 | -$9.13 | -$1.26 | -$6.39 |
| Investments | ||||
| Total cash flows from investing | -$14.52 | -$8.95 | -$0.71 | -$1.77 |
| Financing activities | ||||
| Dividends paid | -$7.42 | |||
| Sale and purchase of stock | -$11.63 | -$14.21 | -$4.65 | |
| Net borrowings | -$67.75 | -$33.82 | -$80.74 | -$112.75 |
| Total cash flows from financing | -$86.8 | -$79.66 | -$86.51 | -$114.21 |
| Effect of exchange rate | $0.13 | -$1.5 | -$1.19 | $1.44 |
| Change in cash and equivalents | -$4.63 | $1.67 | $0.13 | $2.82 |
News
Fundamentals
| Market cap | $368.03M |
|---|---|
| Enterprise value | $439.52M |
| Shares outstanding | 14.68M |
| Revenue | $700.80M |
|---|---|
| EBITDA | $129.11M |
| EBIT | $53.97M |
| Net Income | $30.16M |
| Revenue Q/Q | 5.31% |
| Revenue Y/Y | 0.54% |
| P/E ratio | 12.20 |
|---|---|
| EV/Sales | 0.63 |
| EV/EBITDA | 3.40 |
| EV/EBIT | 8.14 |
| P/S ratio | 0.53 |
| P/B ratio | 0.53 |
| Book/Share | 47.74 |
| Cash/Share | 0.23 |
| EPS | $2.05 |
|---|---|
| ROA | 5.45% |
| ROE | 10.12% |
| Debt/Equity | 0.70 |
|---|---|
| Net debt/EBITDA | 1.72 |
| Current ratio | 1.53 |
| Quick ratio | 1.47 |