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U.S. Well Services (U.S. Well Services) Total Assets : $298.7 Mil (As of Jun. 2022)


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What is U.S. Well Services Total Assets?

U.S. Well Services's Total Assets for the quarter that ended in Jun. 2022 was $298.7 Mil.

During the past 12 months, U.S. Well Services's average Total Assets Growth Rate was -12.60% per year. During the past 3 years, the average Total Assets Growth Rate was -19.30% per year. During the past 5 years, the average Total Assets Growth Rate was 186.90% per year.

During the past 6 years, U.S. Well Services's highest 3-Year average Total Assets Growth Rate was 1454.90%. The lowest was -19.30%. And the median was -0.70%.

Total Assets is connected with ROA %. U.S. Well Services's annualized ROA % for the quarter that ended in Jun. 2022 was -13.33%. Total Assets is also linked to Revenue through Asset Turnover. U.S. Well Services's Asset Turnover for the quarter that ended in Jun. 2022 was 0.25.


U.S. Well Services Total Assets Historical Data

The historical data trend for U.S. Well Services'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.

U.S. Well Services Total Assets Chart

U.S. Well Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial 327.13 480.23 612.78 323.22 243.56

U.S. Well Services Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 379.63 338.35 243.56 261.73 298.67

U.S. Well Services 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.

U.S. Well Services's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=-105.237+348.794
=243.6

U.S. Well Services's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (Q: Jun. 2022 )+Total Liabilities (Q: Jun. 2022 )
=-89.955+388.62
=298.7

* 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.


U.S. Well Services  (NAS:USWS) Total Assets Explanation

Total Assets is connected with ROA %.

U.S. Well Services's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=-37.34/( (261.726+298.665)/ 2 )
=-37.34/280.1955
=-13.33 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) 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.

U.S. Well Services's Asset Turnover for the quarter that ended in Jun. 2022 is

Asset Turnover
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=68.764/( (261.726+298.665)/ 2 )
=68.764/280.1955
=0.25

* 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.

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.

U.S. Well Services Total Assets Related Terms

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U.S. Well Services (U.S. Well Services) Business Description

Traded in Other Exchanges
N/A
Address
1360 Post Oak Boulevard, Suite 1800, Houston, TX, USA, 77056
U.S. Well Services Inc is an oilfield service provider of well stimulation services to the upstream oil and natural gas industry. The company is engaged in high-pressure hydraulic fracturing in unconventional oil and natural gas basins in the United States. It operates in a single segment, which consists of pressure pumping services.
Executives
Joshua Shapiro officer: Chief Financial Officer 1360 POST OAK BOULEVARD, SUITE 1800, HOUSTON TX 77056
Angelo Gordon & Co Lp/ny 10 percent owner 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Ag Partners Lp 10 percent owner C/O ANGELO GORDON & CO, 245 PARK AVE 26TH FL, NEW YORK NY 10167
Ag Energy Funding, Llc 10 percent owner C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Adam R Schwartz 10 percent owner 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Joshua Baumgarten 10 percent owner 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Steve Saad Habachy director 9805 KATY WAY, SUITE 400, HOUSTON TX 77024
Farris Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Thrc Holdings, Lp 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
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
Jasper Antolin other: Principal Accounting Officer 1360 POST OAK BOULEVARD, SUITE 1800, HOUSTON TX 77056
Beal Financial Corp 10 percent owner 15770 N DALLAS PARKWAY, STE 300 LB 66, DALLAS TX 75248
Daniel Andrew Beal 10 percent owner 6000 LEGACY DRIVE, PLANO TX 75024