Mayur Resources Ltd Ret. on equity
What is the Ret. on equity of Mayur Resources Ltd?
The Ret. on equity of Mayur Resources Ltd is -38.12%
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 Mayur Resources Ltd
What does Mayur Resources Ltd do?
Mayur Resources Ltd, an investment holding company, engages in the exploration and evaluation of mineral resources. The company operates through Cement and Lime, Iron and Industrial Sands, Coal and Power, and Renewables segments. The Cement and Lime segment includes limestone; and the Central Cement and Lime Project. The Iron and Industrial Sands segment develops Orokolo Bay Iron and Industrial Sands project consisting of construction sands, magnetite sand, and heavy mineral sands located in Papua New Guinea. The Coal and Power segment operates Depot Creek coal resource in the Gulf Project of Papua New Guinea. The Renewables segment invests in forestry carbon credit projects. It also engages in the steel and power generation activities. The company was incorporated in 2011 and is based in Brisbane, Australia.
Companies with ret. on equity similar to Mayur Resources Ltd
- Thunderstruck Resources has Ret. on equity of -38.18%
- Muscle Maker has Ret. on equity of -38.16%
- Airgain Inc has Ret. on equity of -38.16%
- Fox Marble PLC has Ret. on equity of -38.15%
- Merchant House International has Ret. on equity of -38.14%
- Nexus Gold has Ret. on equity of -38.14%
- Mayur Resources Ltd has Ret. on equity of -38.12%
- Minfocus Exploration has Ret. on equity of -38.07%
- TBG Diagnostics has Ret. on equity of -38.05%
- Wrap Technologies has Ret. on equity of -37.98%
- Wrap Technologies has Ret. on equity of -37.98%
- Wrap Technologies has Ret. on equity of -37.98%
- Wrap Technologies has Ret. on equity of -37.98%