GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Stabilis Solutions Inc (NAS:SLNG) » Definitions » Return-on-Tangible-Equity

Stabilis Solutions (Stabilis Solutions) Return-on-Tangible-Equity : 10.10% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Stabilis Solutions Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Stabilis Solutions's annualized net income for the quarter that ended in Mar. 2024 was $5.88 Mil. Stabilis Solutions's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $58.19 Mil. Therefore, Stabilis Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 10.10%.

The historical rank and industry rank for Stabilis Solutions's Return-on-Tangible-Equity or its related term are showing as below:

SLNG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -37.74   Med: -14.38   Max: 0.9
Current: 0.9

During the past 13 years, Stabilis Solutions's highest Return-on-Tangible-Equity was 0.90%. The lowest was -37.74%. And the median was -14.38%.

SLNG's Return-on-Tangible-Equity is ranked worse than
66.17% of 1002 companies
in the Oil & Gas industry
Industry Median: 8.27 vs SLNG: 0.90

Stabilis Solutions Return-on-Tangible-Equity Historical Data

The historical data trend for Stabilis Solutions's Return-on-Tangible-Equity 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.

Stabilis Solutions Return-on-Tangible-Equity Chart

Stabilis Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.22 -11.17 -13.64 -5.67 0.22

Stabilis Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 7.68 -15.44 -1.50 10.09 10.10

Competitive Comparison of Stabilis Solutions's Return-on-Tangible-Equity

For the Oil & Gas Integrated subindustry, Stabilis Solutions's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stabilis Solutions's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Stabilis Solutions's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Stabilis Solutions's Return-on-Tangible-Equity falls into.



Stabilis Solutions Return-on-Tangible-Equity Calculation

Stabilis Solutions's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=0.125/( (55.553+57.498 )/ 2 )
=0.125/56.5255
=0.22 %

Stabilis Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=5.876/( (57.498+58.875)/ 2 )
=5.876/58.1865
=10.10 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Stabilis Solutions  (NAS:SLNG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Stabilis Solutions Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Stabilis Solutions's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Stabilis Solutions (Stabilis Solutions) Business Description

Traded in Other Exchanges
N/A
Address
11750 Katy Freeway, Suite 900, Houston, TX, USA, 77079
Stabilis Solutions Inc is an energy transition company that provides turnkey clean energy production, storage, transportation, and fueling solutions using liquefied natural gas (LNG) to multiple end markets. The company provides LNG solutions to customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets. It generates revenue by selling and delivering LNG to its customers, renting cryogenic equipment, and providing engineering and field support services. It has a geographical presence in the United States and Mexico.
Executives
Edward L Kuntz director
Ballard Westervelt T. Jr director, officer: President and CEO 601 POYDRAS STREET, SUITE 2400, NEW ORLEANS LA 70130
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Andrew Lewis Puhala officer: Senior Vice President & CFO 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Jch Crenshaw Holdings, Llc director, 10 percent owner 470 ORLEANS ST., 7TH FLOOR, BEAUMONT TX 77701
Benjamin J. Broussard director 1655 LOUISIANA STREET, BEAUMONT TX 77701
James Calvin Reddinger director, officer: Chief Executive Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Stacey B. Crenshaw director, 10 percent owner 10375 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
James George Aivalis officer: Chief Operating Officer 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Mushahid Khan director 10375 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Peter C. Mitchell director 505 FRONT AVENUE, P.O. BOX I, COEUR D'ALENE ID 83816
Will B. Crenshaw director 1655 LOUISIANA STREET, BEAUMONT TX 77701
Lng Investment Company, Llc 10 percent owner 1655 LOUISIANA STREET, BEAUMONT TX 77701
William Charles Miller officer: Chief Operating Officer 102 SENECA PLACE, MARS PA 16046
Peacock James Hoke Ii director C/O M & I ELECTRIC INDUSTRIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087