CARBO Ceramics Ret. on assets
What is the Ret. on assets of CARBO Ceramics?
The Ret. on assets of CARBO Ceramics Inc. is -13.76%
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 OTC compared to CARBO Ceramics
What does CARBO Ceramics do?
CARBO Ceramics Inc., a technology company, provides products and services to the oil and gas, industrial, and environmental markets in the United States, Canada, and internationally. It operates through two segments, Oilfield and Industrial Technologies and Services, and Environmental Technologies and Services. The Oilfield and Industrial Technologies and Services segment manufactures and sells oilfield ceramic technology products, base ceramic proppants, and frac sand proppants to pressure pumping companies, and oil and gas operators for use in the hydraulic fracturing of natural gas and oil wells. It also provides technology to design, build, and optimize the Frac; sells fracture stimulation software under the FracPro brand; and offers fracture design and consulting services to the oil and natural gas exploration and production companies under the StrataGen brand name. The Environmental Technologies and Services segment provides spill prevention, containment, and countermeasure systems for the oil and gas industry. CARBO Ceramics Inc. was founded in 1987 and is headquartered in Houston, Texas.
Companies with ret. on assets similar to CARBO Ceramics
- Orosur Mining has Ret. on assets of -13.78%
- RMG Alloy Steel has Ret. on assets of -13.77%
- Vertex Inc has Ret. on assets of -13.77%
- Kadestone Capital has Ret. on assets of -13.77%
- Highcroft Investments Plc has Ret. on assets of -13.76%
- Premier Gold Mines has Ret. on assets of -13.76%
- CARBO Ceramics has Ret. on assets of -13.76%
- Unity Infraprojects has Ret. on assets of -13.75%
- good natured Products has Ret. on assets of -13.75%
- QX Metals has Ret. on assets of -13.75%
- Arrival has Ret. on assets of -13.75%
- Yuzhou Properties has Ret. on assets of -13.74%
- Nakama plc has Ret. on assets of -13.74%