CARBO Ceramics Ret. on equity
What is the Ret. on equity of CARBO Ceramics?
The Ret. on equity of CARBO Ceramics Inc. is -161.99%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Energy sector on OTC compared to CARBO Ceramics
What does CARBO Ceramics do?
CARBO Ceramics Inc., a technology company, provides products and services to the oil and gas, industrial, and environmental markets in the United States, Canada, and internationally. It operates through two segments, Oilfield and Industrial Technologies and Services, and Environmental Technologies and Services. The Oilfield and Industrial Technologies and Services segment manufactures and sells oilfield ceramic technology products, base ceramic proppants, and frac sand proppants to pressure pumping companies, and oil and gas operators for use in the hydraulic fracturing of natural gas and oil wells. It also provides technology to design, build, and optimize the Frac; sells fracture stimulation software under the FracPro brand; and offers fracture design and consulting services to the oil and natural gas exploration and production companies under the StrataGen brand name. The Environmental Technologies and Services segment provides spill prevention, containment, and countermeasure systems for the oil and gas industry. CARBO Ceramics Inc. was founded in 1987 and is headquartered in Houston, Texas.
Companies with ret. on equity similar to CARBO Ceramics
- Carlsberg A/S has Ret. on equity of -163.00%
- Sunshine 100 China Ltd has Ret. on equity of -162.91%
- Hut 8 Mining has Ret. on equity of -162.86%
- ENDRA Life Sciences Inc has Ret. on equity of -162.48%
- China Animation Characters has Ret. on equity of -162.17%
- Anchiano Therapeutics Ltd has Ret. on equity of -162.11%
- CARBO Ceramics has Ret. on equity of -161.99%
- EBR Systems has Ret. on equity of -161.75%
- Novus Therapeutics Inc has Ret. on equity of -161.71%
- Equillium has Ret. on equity of -161.70%
- Norrland Gold has Ret. on equity of -161.69%
- Esprit has Ret. on equity of -161.63%
- Puhui Wealth Investment Management Co has Ret. on equity of -161.63%