Hi Crush Inc Ret. on assets
What is the Ret. on assets of Hi Crush Inc?
The Ret. on assets of Hi Crush Inc is -45.27%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Energy sector on OTC compared to Hi Crush Inc
What does Hi Crush Inc do?
Hi-Crush Inc., together with its subsidiaries, provides proppant and logistics services for hydraulic fracturing operations in the United States. The company offers raw frac sand used in the hydraulic fracturing process for oil and natural gas wells. It owns and operates various frac sand mining facilities, including a 973 contiguous acre facility located in Wyeville, Wisconsin; a 1,187 contiguous acre facility located in Eau Claire County, Wisconsin; a 1,626 acre facility located in Independence, Wisconsin and Whitehall, Wisconsin; a 1,285 acre facility located in Blair, Wisconsin with on-site processing and truck loading facilities; and a 1,226 acre grass sand reserve located near Kermit, Texas. As of December 31, 2019, the company owned and operated 11 terminal locations throughout Pennsylvania, Ohio, Texas, Colorado, and New York, as well as owned and leased 50 PropBeast conveyors and 2,978 containers, 15 Atlas topfill conveyors, and 35 silo systems. In addition, it offers PropDispatch, a logistics software system. It primarily serves pressure pumping service providers, and oil and gas exploration and production companies. Hi-Crush GP LLC operates as the general partner of the company. The company was formerly known as Hi-Crush Partners LP and changed its name to Hi-Crush Inc. in June 2019. Hi-Crush Inc. was founded in 2012 and is based in Houston, Texas. On July 12, 2020, Hi-Crush Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
Companies with ret. on assets similar to Hi Crush Inc
- Trillium Acquisition has Ret. on assets of -45.32%
- Haranga Resources Ltd has Ret. on assets of -45.32%
- InMed Pharmaceuticals has Ret. on assets of -45.32%
- InMed Pharmaceuticals has Ret. on assets of -45.31%
- BlockchainK2 has Ret. on assets of -45.31%
- Clever Leaves has Ret. on assets of -45.29%
- Hi Crush Inc has Ret. on assets of -45.27%
- NEXT Biometrics ASA has Ret. on assets of -45.24%
- Pareteum Corp has Ret. on assets of -45.19%
- Pareteum Corp has Ret. on assets of -45.19%
- Leaf Mobile has Ret. on assets of -45.17%
- Aleafia Health Inc has Ret. on assets of -45.17%
- RTG Mining has Ret. on assets of -45.15%