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SEI (Solaris Energy Infrastructure) Return-on-Tangible-Equity : -3.25% (As of Sep. 2024)


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What is Solaris Energy Infrastructure Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Solaris Energy Infrastructure's annualized net income for the quarter that ended in Sep. 2024 was $-3.9 Mil. Solaris Energy Infrastructure's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $119.1 Mil. Therefore, Solaris Energy Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was -3.25%.

The historical rank and industry rank for Solaris Energy Infrastructure's Return-on-Tangible-Equity or its related term are showing as below:

SEI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.71   Med: 10.87   Max: 31.72
Current: 8.58

During the past 9 years, Solaris Energy Infrastructure's highest Return-on-Tangible-Equity was 31.72%. The lowest was -13.71%. And the median was 10.87%.

SEI's Return-on-Tangible-Equity is ranked better than
53.37% of 978 companies
in the Oil & Gas industry
Industry Median: 7.185 vs SEI: 8.58

Solaris Energy Infrastructure Return-on-Tangible-Equity Historical Data

The historical data trend for Solaris Energy Infrastructure's Return-on-Tangible-Equity 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.

Solaris Energy Infrastructure Return-on-Tangible-Equity Chart

Solaris Energy Infrastructure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 24.79 -13.71 -0.47 10.87 12.37

Solaris Energy Infrastructure Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Return-on-Tangible-Equity 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 Premium Member Only Premium Member Only Premium Member Only 10.41 8.98 9.12 13.14 -3.25

Competitive Comparison of Solaris Energy Infrastructure's Return-on-Tangible-Equity

For the Oil & Gas Equipment & Services subindustry, Solaris Energy Infrastructure's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solaris Energy Infrastructure's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Solaris Energy Infrastructure's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Solaris Energy Infrastructure's Return-on-Tangible-Equity falls into.



Solaris Energy Infrastructure Return-on-Tangible-Equity Calculation

Solaris Energy Infrastructure's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=24.336/( (201.282+192.277 )/ 2 )
=24.336/196.7795
=12.37 %

Solaris Energy Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-3.872/( (191.258+46.983)/ 2 )
=-3.872/119.1205
=-3.25 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Solaris Energy Infrastructure  (NYSE:SEI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Solaris Energy Infrastructure Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Solaris Energy Infrastructure's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Solaris Energy Infrastructure Business Description

Traded in Other Exchanges
Address
9651 Katy Freeway, Suite 300, Houston, TX, USA, 77024
Solaris Energy Infrastructure Inc provides services in the oil and gas industry. Its solutions are Solaris software suite, Fluid management system, Automated control systems, Field services, Last mile management, Wet sand solutions, Power Solutions, and Integrated wellsite solution.
Executives
James R Burke director
Walker Ray N Jr director 100 THROCKMORTON, STE 1200, FORT WORTH TX 76102
Christopher M Powell officer: General Counsel 9811 KATY FREEWAY, STE. 700, HOUSTON TX 77024
Thrc Holdings, Lp 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Cynthia M. Durrett officer: Chief Administrative Officer 9811 KATY FREEWAY, SUITE 900, HOUSTON TX 77024
Christopher P. Wirtz officer: CHIEF ACCOUNTING OFFICER 9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
William A Zartler director 600 TRAVIS STREET, SUITE 2310, HOUSTON TX 77002
Lindsay R. Bourg officer: Chief Accounting Officer 1415 LOUISIANA STREET, SUITE 1600, HOUSTON TX 77002
Kelly L. Price officer: Chief Operating Officer 9811 KATY FREEWAY, SUITE 900, HOUSTON TX 77024
Kyle S. Ramachandran officer: Chief Financial Officer 9811 KATY FREEWAY, SUITE 900, HOUSTON TX 77024
Laurie H Argo director 1100 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Thrc Management, Llc 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Staci Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Yorktown Energy Partners X, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022