Venturex Resources Ret. on assets
What is the Ret. on assets of Venturex Resources?
The Ret. on assets of Venturex Resources Limited is -4.35%
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 Venturex Resources
What does Venturex Resources do?
Venturex Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements located to the south east of Port Hedland. Venturex Resources Limited was incorporated in 2006 and is based in West Perth, Australia.
Companies with ret. on assets similar to Venturex Resources
- Sino-Life has Ret. on assets of -4.36%
- Silver Heritage has Ret. on assets of -4.35%
- CNQC International has Ret. on assets of -4.35%
- Diversey has Ret. on assets of -4.35%
- Smooth Rock Ventures has Ret. on assets of -4.35%
- Landsea Green Properties Co has Ret. on assets of -4.35%
- Venturex Resources has Ret. on assets of -4.35%
- Cradle Resources has Ret. on assets of -4.35%
- Banimmo SA has Ret. on assets of -4.34%
- China Everbright has Ret. on assets of -4.34%
- Gatos Silver Inc has Ret. on assets of -4.34%
- FTAC Olympus Acquisition has Ret. on assets of -4.34%
- American Outdoor Brands has Ret. on assets of -4.34%