Lithium Power International Ret. on equity
What is the Ret. on equity of Lithium Power International?
The Ret. on equity of Lithium Power International Limited is -10.43%
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 Lithium Power International
What does Lithium Power International do?
Lithium Power International Limited, a lithium company, engages in the identification, acquisition, development, and exploration of lithium projects in Chile and Australia. The company holds a 51% interest in the Maricunga lithium brine project located in the Atacama Region, Chile; and 100% interest in the Pilgangoora lithium tenement in the Pilbara region of North West Western Australia. It also holds a 100% interest in the Tabba Tabba property located in North West Western Australia; and 100% interest in the Greenbushes project in the South West Western Australia. Lithium Power International Limited was founded in 2015 and is based in Sydney, Australia.
Companies with ret. on equity similar to Lithium Power International
- China Tianrui Automotive Interiors Co has Ret. on equity of -10.45%
- Vision Values has Ret. on equity of -10.45%
- VNET Inc has Ret. on equity of -10.44%
- Omaxe has Ret. on equity of -10.44%
- Sabre Resources has Ret. on equity of -10.44%
- Reaves Utility Income Fund has Ret. on equity of -10.44%
- Lithium Power International has Ret. on equity of -10.43%
- Theradiag SA has Ret. on equity of -10.43%
- Gillanders Arbuthnot and has Ret. on equity of -10.43%
- Tudor Gold has Ret. on equity of -10.42%
- Derwent London Plc has Ret. on equity of -10.41%
- GMV Minerals has Ret. on equity of -10.40%
- East Africa Metals has Ret. on equity of -10.39%