Western Services Ret. on assets
What is the Ret. on assets of Western Services?
The Ret. on assets of Western Energy Services Corp. is -1.69%
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 TSX compared to Western Services
What does Western Services do?
Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment to contracts with exploration and production companies. The Production Services segment offers well servicing rig and related equipment services, as well as oilfield rental equipment services to other oilfield service companies. The company owns and operates 57 drilling rigs; and 66 service rigs. It serves crude oil and natural gas exploration and production companies. The company is headquartered in Calgary, Canada.
Companies with ret. on assets similar to Western Services
- Aberdeen Diversified Income & Growth Trust Plc has Ret. on assets of -1.70%
- Treasury Metals has Ret. on assets of -1.70%
- Sino International has Ret. on assets of -1.69%
- 9F Inc has Ret. on assets of -1.69%
- Under Armour Inc has Ret. on assets of -1.69%
- First Seacoast Bancorp has Ret. on assets of -1.69%
- Western Services has Ret. on assets of -1.69%
- Xero has Ret. on assets of -1.69%
- Strategic Minerals NL has Ret. on assets of -1.69%
- Vanda Pharmaceuticals Inc has Ret. on assets of -1.68%
- China Eastern Airlines has Ret. on assets of -1.68%
- Dechra Pharmaceuticals Plc has Ret. on assets of -1.68%
- Nuveen Senior Income Fund has Ret. on assets of -1.68%