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Aris Water Solutions (Aris Water Solutions) Total Assets : $1,367.6 Mil (As of Mar. 2024)


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What is Aris Water Solutions Total Assets?

Aris Water Solutions's Total Assets for the quarter that ended in Mar. 2024 was $1,367.6 Mil.

During the past 12 months, Aris Water Solutions's average Total Assets Growth Rate was 3.40% per year. During the past 3 years, the average Total Assets Growth Rate was 8.90% per year.

During the past 5 years, Aris Water Solutions's highest 3-Year average Total Assets Growth Rate was 16.10%. The lowest was 8.90%. And the median was 12.50%.

Total Assets is connected with ROA %. Aris Water Solutions's annualized ROA % for the quarter that ended in Mar. 2024 was 2.25%. Total Assets is also linked to Revenue through Asset Turnover. Aris Water Solutions's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.


Aris Water Solutions Total Assets Historical Data

The historical data trend for Aris Water Solutions's Total Assets 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.

* Premium members only.

Aris Water Solutions Total Assets Chart

Aris Water Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
838.23 1,057.81 1,126.69 1,303.37 1,340.48

Aris Water Solutions Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,328.24 1,332.69 1,354.51 1,340.48 1,367.60

Aris Water Solutions Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Aris Water Solutions's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=687.893+652.588
=1,340.5

Aris Water Solutions's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=701.402+666.193
=1,367.6

* 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.


Aris Water Solutions  (NYSE:ARIS) Total Assets Explanation

Total Assets is connected with ROA %.

Aris Water Solutions's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=30.492/( (1340.481+1367.595)/ 2 )
=30.492/1354.038
=2.25 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Aris Water Solutions's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=103.406/( (1340.481+1367.595)/ 2 )
=103.406/1354.038
=0.08

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Aris Water Solutions Total Assets Related Terms

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Aris Water Solutions (Aris Water Solutions) Business Description

Traded in Other Exchanges
N/A
Address
9811 Katy Freeway, Suite 700, Houston, TX, USA, 77024
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