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SEI (Solaris Energy Infrastructure) Total Assets : $939.5 Mil (As of Sep. 2024)


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What is Solaris Energy Infrastructure Total Assets?

Solaris Energy Infrastructure's Total Assets for the quarter that ended in Sep. 2024 was $939.5 Mil.

During the past 12 months, Solaris Energy Infrastructure's average Total Assets Growth Rate was 93.00% per year. During the past 3 years, the average Total Assets Growth Rate was 9.60% per year. During the past 5 years, the average Total Assets Growth Rate was 1.40% per year.

During the past 9 years, Solaris Energy Infrastructure's highest 3-Year average Total Assets Growth Rate was 89.60%. The lowest was -5.20%. And the median was 11.90%.

Total Assets is connected with ROA %. Solaris Energy Infrastructure's annualized ROA % for the quarter that ended in Sep. 2024 was -0.55%. Total Assets is also linked to Revenue through Asset Turnover. Solaris Energy Infrastructure's Asset Turnover for the quarter that ended in Sep. 2024 was 0.11.


Solaris Energy Infrastructure Total Assets Historical Data

The historical data trend for Solaris Energy Infrastructure'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.

Solaris Energy Infrastructure Total Assets Chart

Solaris Energy Infrastructure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only 505.07 411.90 406.22 462.58 468.30

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
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 Premium Member Only Premium Member Only Premium Member Only 480.51 468.30 457.07 457.76 939.49

Solaris Energy Infrastructure 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.

Solaris Energy Infrastructure'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 )
=315.58+152.717
=468.3

Solaris Energy Infrastructure's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=493.375+446.112
=939.5

* 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.


Solaris Energy Infrastructure  (NYSE:SEI) Total Assets Explanation

Total Assets is connected with ROA %.

Solaris Energy Infrastructure's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-3.872/( (457.764+939.487)/ 2 )
=-3.872/698.6255
=-0.55 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Solaris Energy Infrastructure's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=75.018/( (457.764+939.487)/ 2 )
=75.018/698.6255
=0.11

* 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.

Solaris Energy Infrastructure Total Assets Related Terms

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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