Kalium Lakes Ret. on equity
What is the Ret. on equity of Kalium Lakes?
The Ret. on equity of Kalium Lakes Limited is -95.67%
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 Kalium Lakes
What does Kalium Lakes do?
Kalium Lakes Limited operates as an exploration and development company in Australia. It focuses on the development of 100% owned the Beyondie sulphate of potash project, which include 16 granted exploration licenses, two mining leases, and various miscellaneous licenses covering an area of approximately 1,800 square kilometers located in Western Australia. The company was founded in 2014 and is based in Balcatta, Australia.
Companies with ret. on equity similar to Kalium Lakes
- Starlight Culture Entertainment has Ret. on equity of -95.88%
- Codexis has Ret. on equity of -95.80%
- Digjam has Ret. on equity of -95.77%
- DevEx Resources has Ret. on equity of -95.76%
- Ocean Power Technologies has Ret. on equity of -95.74%
- Pluribus Technologies Corp has Ret. on equity of -95.74%
- Kalium Lakes has Ret. on equity of -95.67%
- Imugene has Ret. on equity of -95.62%
- Madrigal Pharmaceuticals Inc has Ret. on equity of -95.61%
- Athira Pharma has Ret. on equity of -95.53%
- Midatech Pharma Plc has Ret. on equity of -95.47%
- 92 Ltd has Ret. on equity of -95.44%
- American Creek Resources has Ret. on equity of -95.39%