Tian Poh Resources Ret. on assets
What is the Ret. on assets of Tian Poh Resources?
The Ret. on assets of Tian Poh Resources Limited is -100.68%
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 Tian Poh Resources
What does Tian Poh Resources do?
Tian Poh Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Mongolia. It focuses on the exploration of coal, copper, and gold deposits. The company owns a 100% interest in two mining concessions, including the Nuurst thermal coal project located to the south east of Ulaanbaatar. It also has nine exploration licenses located in the mineral provinces of Southern Mongolia. The company's concessions are grouped in five project areas covering an area of approximately 125,000 hectares. Tian Poh Resources Limited was incorporated in 2014 and is based in Singapore.
Companies with ret. on assets similar to Tian Poh Resources
- BioCardia has Ret. on assets of -100.73%
- BioCardia has Ret. on assets of -100.73%
- BioCardia has Ret. on assets of -100.73%
- BioCardia has Ret. on assets of -100.73%
- BioCardia has Ret. on assets of -100.73%
- BioCardia has Ret. on assets of -100.73%
- Tian Poh Resources has Ret. on assets of -100.68%
- QDM International has Ret. on assets of -100.68%
- FireFox Gold has Ret. on assets of -100.67%
- Grow Capital has Ret. on assets of -100.61%
- Softlab9 Software Solutions has Ret. on assets of -100.49%
- Heatherdale Resources has Ret. on assets of -100.48%
- Entree Resources has Ret. on assets of -100.45%