STEP Financial Statements From 2010 to 2024

STEP Stock  CAD 5.25  0.09  1.74%   
STEP Energy financial statements provide useful quarterly and yearly information to potential STEP Energy Services investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on STEP Energy financial statements helps investors assess STEP Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting STEP Energy's valuation are summarized below:
Gross Profit
147.6 M
Profit Margin
0.0672
Market Capitalization
377.2 M
Enterprise Value Revenue
0.4632
Revenue
B
We have found one hundred twenty available fundamental trend indicators for STEP Energy Services, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check STEP Energy's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself next year. As of the 12th of December 2024, Market Cap is likely to grow to about 417.9 M. Also, Enterprise Value is likely to grow to about 527.1 M

STEP Energy Total Revenue

533.94 Million

Check STEP Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among STEP Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.4 M, Interest Expense of 7.8 M or Selling General Administrative of 11.2 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 0.75. STEP financial statements analysis is a perfect complement when working with STEP Energy Valuation or Volatility modules.
  
This module can also supplement various STEP Energy Technical models . Check out the analysis of STEP Energy Correlation against competitors.

STEP Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding71.3 M75.2 M64.3 M
Slightly volatile
Total Assets557.7 M606.5 M413.5 M
Slightly volatile
Short and Long Term Debt Total144.4 M113.6 M103.8 M
Slightly volatile
Other Current Liabilities2.5 M4.5 M1.9 M
Slightly volatile
Total Current Liabilities90.5 M112.6 M65.2 M
Slightly volatile
Total Stockholder Equity311.1 M355.5 M235.5 M
Slightly volatile
Other Liabilities19.9 M36.9 M16.5 M
Slightly volatile
Net Tangible Assets285.5 M351.8 M222.3 M
Slightly volatile
Property Plant And Equipment Net400.5 M447.6 M299.1 M
Slightly volatile
Accounts Payable76.8 M91.8 M54.9 M
Slightly volatile
Cash1.7 M1.8 M4.8 M
Very volatile
Non Current Assets Total416.1 M451.8 M311.8 M
Slightly volatile
Long Term Debt125.6 M86.1 M89.9 M
Slightly volatile
Cash And Short Term Investments1.7 M1.8 M4.8 M
Very volatile
Net Receivables99.7 M96.2 M71.6 M
Slightly volatile
Common Stock Total Equity342.3 M496.6 M280.8 M
Slightly volatile
Liabilities And Stockholders Equity557.7 M606.5 M413.5 M
Slightly volatile
Non Current Liabilities Total156.1 M138.4 M112.8 M
Slightly volatile
Inventory28.4 M47.5 M20.5 M
Slightly volatile
Other Current Assets6.3 M9.3 M4.5 M
Slightly volatile
Other Stockholder Equity28.3 M36.1 M21.3 M
Slightly volatile
Total Liabilities246.6 M251 M177.9 M
Slightly volatile
Property Plant And Equipment Gross562 M972.2 M407.8 M
Slightly volatile
Short and Long Term Debt16.1 M25.2 M23.5 M
Very volatile
Total Current Assets141.7 M154.7 M101.7 M
Slightly volatile
Short Term Debt10 M8.8 M7.6 M
Slightly volatile
Intangible Assets115.9 K122 K3.2 M
Very volatile
Common Stock387.6 M455.7 M282.8 M
Slightly volatile
Property Plant Equipment390.3 M489.9 M301.3 M
Slightly volatile
Long Term Debt Total150.8 M177.9 M97.3 M
Slightly volatile
Capital Surpluse29.3 M37.8 M22.3 M
Slightly volatile
Other Assets564 K634.5 K690.9 K
Slightly volatile
Capital Lease Obligations18.1 M27.5 M12.7 M
Slightly volatile
Cash And Equivalents2.4 M2.5 M4.8 M
Very volatile
Net Invested Capital387.7 M441.7 M454 M
Very volatile
Net Working Capital47.5 M42.1 M87.4 M
Slightly volatile
Capital Stock482.6 M455.7 M435.1 M
Slightly volatile

STEP Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization62.4 M84.7 M47.6 M
Slightly volatile
Interest Expense7.8 M11.2 MM
Slightly volatile
Selling General Administrative11.2 M11.8 M18.6 M
Slightly volatile
Total Revenue533.9 M945.7 M407.5 M
Slightly volatile
Other Operating Expenses518.2 M867.9 M394 M
Slightly volatile
Cost Of Revenue487.6 M829.6 M369.9 M
Slightly volatile
Total Operating Expenses30.6 M38.3 M24.1 M
Slightly volatile
Interest Income52.2 K55 K4.7 M
Slightly volatile
Reconciled Depreciation88.7 M84.7 M59.6 M
Slightly volatile
Selling And Marketing Expenses20.3 M22.9 M24.9 M
Slightly volatile

STEP Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based CompensationM1.1 M4.7 M
Slightly volatile
Begin Period Cash Flow5.1 M2.8 M5.8 M
Very volatile
Depreciation62.4 M84.7 M47.6 M
Slightly volatile
Capital Expenditures76.8 M105.2 M61.3 M
Slightly volatile
End Period Cash Flow1.7 M1.8 MM
Very volatile
Change To Netincome4.8 MM17.2 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.280.29833.2437
Slightly volatile
PTB Ratio0.750.79352.9048
Slightly volatile
Days Sales Outstanding71.537.111260.475
Pretty Stable
Book Value Per Share3.524.94023.6046
Slightly volatile
Stock Based Compensation To Revenue0.00110.00120.014
Pretty Stable
Capex To Depreciation2.41.24212.3046
Slightly volatile
PB Ratio0.750.79352.9048
Slightly volatile
EV To Sales0.40.41662.6115
Slightly volatile
Inventory Turnover20.4817.456619.1421
Pretty Stable
Days Of Inventory On Hand16.3620.90919.5628
Very volatile
Payables Turnover5.679.03847.3319
Slightly volatile
Sales General And Administrative To Revenue0.01180.01250.0598
Slightly volatile
Capex To Revenue0.110.11120.2531
Slightly volatile
Cash Per Share0.02360.02480.0795
Very volatile
Days Payables Outstanding59.4640.383351.6437
Slightly volatile
Intangibles To Total Assets2.0E-42.0E-40.0293
Slightly volatile
Current Ratio1.821.37391.6161
Very volatile
Tangible Book Value Per Share3.354.93853.4155
Slightly volatile
Receivables Turnover10.339.83536.8588
Very volatile
Graham Number6.898.82436.9508
Slightly volatile
Shareholders Equity Per Share3.524.94023.6046
Slightly volatile
Debt To Equity0.350.24230.3711
Slightly volatile
Capex Per Share0.881.46140.9462
Slightly volatile
Average Receivables13.3 M15 M16.3 M
Slightly volatile
Revenue Per Share13.813.14046.5732
Slightly volatile
Interest Debt Per Share1.491.35261.4372
Slightly volatile
Debt To Assets0.170.1420.1857
Slightly volatile
Short Term Coverage Ratios44.0673.5657.2451
Slightly volatile
Operating Cycle93.9858.020380.4458
Slightly volatile
Price Book Value Ratio0.750.79352.9048
Slightly volatile
Days Of Payables Outstanding59.4640.383351.6437
Slightly volatile
Company Equity Multiplier1.461.70591.6976
Slightly volatile
Long Term Debt To Capitalization0.210.1950.2296
Slightly volatile
Total Debt To Capitalization0.210.1950.2325
Slightly volatile
Debt Equity Ratio0.350.24230.3711
Slightly volatile
Quick Ratio1.450.95191.2862
Very volatile
Net Income Per E B T0.940.74760.8355
Pretty Stable
Cash Ratio0.01510.01590.0969
Pretty Stable
Cash Conversion Cycle34.5417.636928.8034
Pretty Stable
Days Of Inventory Outstanding16.3620.90919.5628
Very volatile
Days Of Sales Outstanding71.537.111260.475
Pretty Stable
Price To Book Ratio0.750.79352.9048
Slightly volatile
Fixed Asset Turnover1.092.11281.2926
Slightly volatile
Debt Ratio0.170.1420.1857
Slightly volatile
Price Sales Ratio0.280.29833.2437
Slightly volatile
Asset Turnover1.641.55931.001
Slightly volatile
Price Fair Value0.750.79352.9048
Slightly volatile

STEP Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap417.9 M282.1 M433.4 M
Slightly volatile
Enterprise Value527.1 M394 M530.2 M
Slightly volatile

STEP Fundamental Market Drivers

Forward Price Earnings6.105
Cash And Short Term Investments1.8 M

About STEP Energy Financial Statements

STEP Energy investors utilize fundamental indicators, such as revenue or net income, to predict how STEP Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue8.7 M9.1 M
Total Revenue945.7 M533.9 M
Cost Of Revenue829.6 M487.6 M
Sales General And Administrative To Revenue 0.01  0.01 
Capex To Revenue 0.11  0.11 
Revenue Per Share 13.14  13.80 
Ebit Per Revenue 0.08  0.09 

Pair Trading with STEP Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if STEP Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in STEP Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with STEP Stock

  0.66ENB-PFV Enbridge Pref 5PairCorr
  0.71ENS E Split CorpPairCorr
  0.78ENS-PA E Split CorpPairCorr

Moving against STEP Stock

  0.31VZ Verizon CommunicationsPairCorr
The ability to find closely correlated positions to STEP Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace STEP Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back STEP Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling STEP Energy Services to buy it.
The correlation of STEP Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as STEP Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if STEP Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for STEP Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in STEP Stock

STEP Energy financial ratios help investors to determine whether STEP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in STEP with respect to the benefits of owning STEP Energy security.