ClearStream Services Ret. on assets
What is the Ret. on assets of ClearStream Services?
The Ret. on assets of ClearStream Energy Services Inc. is -1.34%
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 ClearStream Services
What does ClearStream Services do?
ClearStream Energy Services Inc. provides upstream, midstream, and downstream production services in Canada and the United States. The company operates through Maintenance and Construction Services, and Wear Technology Overlay Services segments. The Maintenance and Construction Services segment provides operational, maintenance, welding, fabrication, machining, construction, and turnaround services to the conventional oil and gas, oilsands, and other industries, as well as abandonment, decommissioning, and reclamation services. This segment also offers resource/labour supply services to Canadian energy companies, as well as heavy equipment operators. The Wear Technology Overlay Services segment specializes in the supply and fabrication of overlay pipe spools, pipe bends, and wear plates and vessels for corrosion and abrasion resistant applications in various end markets. The company also provides regulatory and environmental advisory services; and electrical and instrumentation services. It serves oil and gas, energy, mining, agriculture, pulp and paper, petrochemical, and water treatment industries. The company was formerly known as Tuckamore Capital Management Inc. and changed its name to ClearStream Energy Services Inc. in October 2016. ClearStream Energy Services Inc. was founded in 1967 and is headquartered in Calgary, Canada.
Companies with ret. on assets similar to ClearStream Services
- G Squared Ascend I has Ret. on assets of -1.35%
- GBL Industries has Ret. on assets of -1.35%
- KIOCL has Ret. on assets of -1.35%
- SoundThinking Inc has Ret. on assets of -1.35%
- Excel Realty N Infra has Ret. on assets of -1.35%
- China Digital Culture () has Ret. on assets of -1.34%
- ClearStream Services has Ret. on assets of -1.34%
- FinLab AG has Ret. on assets of -1.34%
- ams AG has Ret. on assets of -1.34%
- Momentus Inc has Ret. on assets of -1.34%
- Jay Shree Tea & Industries has Ret. on assets of -1.34%
- Xinyuan Real Estate Co has Ret. on assets of -1.33%
- VDM has Ret. on assets of -1.33%