Alice Queen Ret. on equity

What is the Ret. on equity of Alice Queen?

The Ret. on equity of Alice Queen Limited is -42.69%

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 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 equity similar to Alice Queen

Hi-Level Technology has Ret. on equity of -42.80%
Vimy Resources has Ret. on equity of -42.78%
Vimy Resources has Ret. on equity of -42.78%
Altan Rio Minerals has Ret. on equity of -42.76%
U.S. Gold Corp has Ret. on equity of -42.73%
E Automotive Inc has Ret. on equity of -42.72%
Alice Queen has Ret. on equity of -42.69%
Falcon Gold has Ret. on equity of -42.67%
Falcon Gold has Ret. on equity of -42.67%
Opendoor Technologies has Ret. on equity of -42.67%
Kyckr has Ret. on equity of -42.66%
Toro has Ret. on equity of -42.64%
Ultimate Sports Plc has Ret. on equity of -42.62%