Solaris Oilfield Infrastructure (Solaris Oilfield Infrastructure) Total Assets : $468.3 Mil (As of Dec. 2023)

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What is Solaris Oilfield Infrastructure Total Assets?

Solaris Oilfield Infrastructure's Total Assets for the quarter that ended in Dec. 2023 was $468.3 Mil.

During the past 12 months, Solaris Oilfield Infrastructure's average Total Assets Growth Rate was 1.90% 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 Oilfield 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 Oilfield Infrastructure's annualized ROA % for the quarter that ended in Dec. 2023 was 3.63%. Total Assets is also linked to Revenue through Asset Turnover. Solaris Oilfield Infrastructure's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Solaris Oilfield Infrastructure Total Assets Historical Data

The historical data trend for Solaris Oilfield 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.

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Solaris Oilfield Infrastructure Total Assets Chart

Solaris Oilfield Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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505.07

411.90

406.22

462.58

468.30

Solaris Oilfield Infrastructure Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															462.58	473.00	484.33	480.51	468.30

Solaris Oilfield 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 Oilfield 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 Oilfield Infrastructure's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	315.58	+	152.717
	=	468.3

Solaris Oilfield Infrastructure (NYSE:SOI) Total Assets Explanation

Total Assets is connected with ROA %.

Solaris Oilfield Infrastructure's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	17.204	/	( (480.508	+	468.297)	/ 2 )
	=	17.204	/	474.4025
	=	3.63 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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 Oilfield Infrastructure's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	63.347	/	( (480.508	+	468.297)	/ 2 )
=	63.347	/	474.4025
=	0.13

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 Oilfield Infrastructure Total Assets Related Terms

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Solaris Oilfield Infrastructure (Solaris Oilfield Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Solaris Oilfield Infrastructure Inc (NYSE:SOI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

68S:Germany

Address

9811 Katy Freeway, Suite 700, Houston, TX, USA, 77024

Website

https://www.solarisoilfield.com

Solaris Oilfield Infrastructure Inc provides oilfield products, services and infrastructure to enhance drilling, completions, efficiency and safety in North American shale plays. The company manufactures and provides its patented mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. Its systems reduce the customers' cost and time to complete wells by improving the efficiency of proppant logistics, in addition to enhancing well site safety. Its customers include oil and natural gas exploration and production companies as well as oilfield service companies. The company generates revenue primarily through the rental of its systems and related services, including transportation of systems and field supervision and support.

Executives

Thrc Holdings, Lp	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
James R Burke	director
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
Christopher M Powell	officer: General Counsel	9811 KATY FREEWAY, STE. 700, 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
Dan H. Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Staci Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Keenan W Howard Jr	director	410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Solaris Energy Capital, Llc	10 percent owner	9811 KATY FREEWAY, SUITE 900, HOUSTON TX 77024