Alice Queen Ret. on assets
What is the Ret. on assets of Alice Queen?
The Ret. on assets of Alice Queen Limited is -25.02%
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 Alice Queen
What does Alice Queen do?
Alice Queen Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold and copper deposits. Its flagship property is the Horn Island project located in the Torres Strait, Queensland. The company was incorporated in 2002 and is based in South Yarra, Australia.
Companies with ret. on assets similar to Alice Queen
- AgJunction has Ret. on assets of -25.15%
- RMG has Ret. on assets of -25.13%
- Allegra Orthopaedics has Ret. on assets of -25.12%
- Family Zone Cyber Safety has Ret. on assets of -25.11%
- Hut 8 Mining has Ret. on assets of -25.08%
- Petco Health and Wellness has Ret. on assets of -25.04%
- Alice Queen has Ret. on assets of -25.02%
- Adaptimmune Therapeutics Plc has Ret. on assets of -25.02%
- Gossamer Bio has Ret. on assets of -25.02%
- Transcendence Technologies has Ret. on assets of -25.01%
- Pinehurst Capital I has Ret. on assets of -24.97%
- Bod Australia has Ret. on assets of -24.95%
- Lattice Biologics has Ret. on assets of -24.95%