New West Services Ret. on equity
What is the Ret. on equity of New West Services?
The Ret. on equity of New West Energy Services Inc. is 86.92%
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 TSXV compared to New West Services
What does New West Services do?
New West Energy Services Inc. provides waste management and environmental services to the drilling, completions, and production sectors of the oil and gas industry in Canada. The company operates through two business segments: Vacuum and Water Truck Services, and Environmental Services. Its environmental services cover drilling waste testing, disposal, and treatment; mud system management; disposal management and coordination; pipeline crossings project management; sump suitability assessments; spill response and management; pre-disturbance environmental assessments and approvals; and drilling and completions water management, including TDL application, sourcing, monitoring, and usage tracking. The company was formerly known as Lexacal Investment Corp. and changed its name to New West Energy Services Inc. in October 2007. New West Energy Services Inc. was incorporated in 1986 and is headquartered in Calgary, Canada.
Companies with ret. on equity similar to New West Services
- Taubman Centers has Ret. on equity of 86.21%
- Xiana Mining has Ret. on equity of 86.54%
- Quorum Health has Ret. on equity of 86.64%
- Quorum Health has Ret. on equity of 86.64%
- Last Mile has Ret. on equity of 86.67%
- Boomer has Ret. on equity of 86.77%
- New West Services has Ret. on equity of 86.92%
- Sequans Communications S.A has Ret. on equity of 87.31%
- Gujarat Themis Biosyn has Ret. on equity of 87.35%
- CPI Aerostructures Inc has Ret. on equity of 87.54%
- Suzano S.A has Ret. on equity of 87.58%
- Seagate Technology plc has Ret. on equity of 87.70%
- NRG has Ret. on equity of 87.71%