San Juan Basin Royalty Trust Ret. on assets
What is the Ret. on assets of San Juan Basin Royalty Trust?
The Ret. on assets of San Juan Basin Royalty Trust is 652.84%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Energy sector on NYSE compared to San Juan Basin Royalty Trust
What does San Juan Basin Royalty Trust do?
san juan basin royalty trust operates as an express trust in texas. the company has a 75% net overriding royalty interest carved out of southland's oil and natural gas interests (the subject interests) in properties located in the san juan basin in northwestern new mexico. the subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in san juan, rio arriba, and sandoval counties of northwestern new mexico, as well as 826.3 net wells. bbva usa serves as the trustee of the san juan basin royalty trust. the company was founded in 1980 and is based in houston, texas.
Companies with ret. on assets similar to San Juan Basin Royalty Trust
- Altisource Asset Management Corp has Ret. on assets of 355.54%
- Freeman FinTech has Ret. on assets of 357.02%
- North European Oil Royalty Trust has Ret. on assets of 378.58%
- Sabine Royalty Trust has Ret. on assets of 480.23%
- China Zhong Qi Hldgs has Ret. on assets of 530.14%
- Inhibrx has Ret. on assets of 532.38%
- San Juan Basin Royalty Trust has Ret. on assets of 652.84%
- Permian Basin Royalty Trust has Ret. on assets of 672.47%
- Kuuhubb has Ret. on assets of 781.37%
- Kaya has Ret. on assets of 785.60%
- HongDa has Ret. on assets of 1,141.43%