Aris Water Solutions (Aris Water Solutions) ROCE % : 7.76% (As of Dec. 2023)

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What is Aris Water Solutions ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Aris Water Solutions's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.76%.

Aris Water Solutions ROCE % Historical Data

The historical data trend for Aris Water Solutions's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Aris Water Solutions ROCE % Chart

Aris Water Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

1.73

0.78

1.60

2.80

6.61

Aris Water Solutions Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial											4.30	5.49	6.34	7.03	7.76

Aris Water Solutions ROCE % Calculation

Aris Water Solutions's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	81.169	/	( ( (1303.366 - 91.414)	+	(1340.481 - 96.698) )	/ 2 )
	=	81.169	/	( (1211.952	+	1243.783)	/ 2 )
	=	81.169	/	1227.8675
	=	6.61 %

Aris Water Solutions's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	96.452	/	( ( (1354.514 - 113.34)	+	(1340.481 - 96.698) )	/ 2 )
	=	96.452	/	( ( 1241.174	+	1243.783 )	/ 2 )
	=	96.452	/	1242.4785
	=	7.76 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Aris Water Solutions (NYSE:ARIS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Aris Water Solutions ROCE % Related Terms

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Aris Water Solutions (Aris Water Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Aris Water Solutions Inc (NYSE:ARIS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9811 Katy Freeway, Suite 700, Houston, TX, USA, 77024

Website

https://www.ariswater.com

Aris Water Solutions Inc is an environmental infrastructure and solutions company that helps customers reduce their water and carbon footprints. It has two primary revenue streams. The Produced Water Handling business gathers, transports, and, unless recycled, handles produced water generated from oil and natural gas production. The Water Solutions business develops and operates recycling facilities to treat, store and recycle produced water.

Executives

Jacinto J Hernandez	director	777 HIDDEN RIDGE, IRVING TX 75038
Nicholas A. Patterson	officer: Chief Commercial Officer	9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Van Brunt David Dylan	officer: Chief Operating Officer	9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Jeffrey K. Hunt	officer: Chief Accounting Officer	9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Stephan E Tompsett	officer: Chief Financial Officer	19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Joseph Colonnetta	director	4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Adrian Milton	officer: CAO, General Counsel and Sec.	9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Hbc Water Resources Lp	10 percent owner	3963 MAPLE AVENUE, SUITE 450, DALLAS TX 75219
Hbc Water Resources Ii Lp	10 percent owner	3963 MAPLE AVENUE, SUITE 450, DALLAS TX 75219
Mario Max Yzaguirre	director	1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Onocophillips	10 percent owner	SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Concho Resources Inc	10 percent owner	600 W. ILLINOIS AVENUE, MIDLAND TX 79701
Cog Operating Llc	10 percent owner	600 W. ILLINOIS AVENUE, MIDLAND TX 79701
Yorktown Energy Partners Xi, L.p.	10 percent owner	410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Debra Coy	director	2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806