Solaris Oilfield Infrastructure Inc Ret. on assets
What is the Ret. on assets of Solaris Oilfield Infrastructure Inc?
The Ret. on assets of Solaris Oilfield Infrastructure Inc is 4.24%
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 Solaris Oilfield Infrastructure Inc
What does Solaris Oilfield Infrastructure Inc do?
• solaris oilfield infrastructure (nyse: soi) is focused on driving logistics and cost efficiencies for operators and service companies during the life cycle of oil and gas wells • the shale development has entered a new stage of evolution, whereby operational efficiencies have become the key differentiator for premier operators and service companies • on site operations (multi well pads, advanced rig moving technologies, quicker concurrent multi-well completions, on-site material handling, measurement and product value recovery) • supply chain management • logistical challenges have increased as operators are not only pumping more proppant per stage, but multi-basin development campaigns are yielding faster drilling and completion times, driving disproportionate proppant consumption and putting additional stress on existing infrastructure • soi is focused on addressing these industry challenges through its product offerings: o mobile sand silos for well site storage and delivery o mob
Companies with ret. on assets similar to Solaris Oilfield Infrastructure Inc
- Jacobs Engineering has Ret. on assets of 4.23%
- Jacobs Solutions Inc has Ret. on assets of 4.23%
- Infrastructure and Alternatives Inc has Ret. on assets of 4.24%
- Uranium Participation has Ret. on assets of 4.24%
- Recipe Unlimited has Ret. on assets of 4.24%
- Orient Securities International has Ret. on assets of 4.24%
- Solaris Oilfield Infrastructure Inc has Ret. on assets of 4.24%
- We.Connect SA has Ret. on assets of 4.24%
- Atlas has Ret. on assets of 4.24%
- Atlas has Ret. on assets of 4.24%
- Wine's Link International has Ret. on assets of 4.24%
- Sri Havisha Hospitality and Infrastructure has Ret. on assets of 4.24%
- SAP SE has Ret. on assets of 4.24%