Ark Mines Ret. on assets
What is the Ret. on assets of Ark Mines?
The Ret. on assets of Ark Mines Limited is -8.28%
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 Materials sector on ASX compared to Ark Mines
What does Ark Mines do?
Ark Mines Limited focuses in the mineral exploration and mining business in Australia. The company was incorporated in 2007 and is based in Perth, Australia.
Companies with ret. on assets similar to Ark Mines
- Thing On Enterprise has Ret. on assets of -8.31%
- Indivior PLC has Ret. on assets of -8.30%
- Arcotech has Ret. on assets of -8.30%
- LION E-Mobility AG has Ret. on assets of -8.30%
- Tayo Rolls has Ret. on assets of -8.29%
- Summer Infant Inc has Ret. on assets of -8.28%
- Ark Mines has Ret. on assets of -8.28%
- GME Resources has Ret. on assets of -8.28%
- Prosperity Investment has Ret. on assets of -8.27%
- Capita Plc has Ret. on assets of -8.27%
- Varonis Systems Inc has Ret. on assets of -8.27%
- Starbreeze AB (publ) has Ret. on assets of -8.27%
- Investigator Resources has Ret. on assets of -8.27%