Champion Iron Ret. on equity
What is the Ret. on equity of Champion Iron?
The Ret. on equity of Champion Iron Ltd. is 82.23%
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 OTC compared to Champion Iron
What does Champion Iron do?
Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in North-Eastern Quebec. Its flagship project include the Bloom Lake mine, which consists of BM877 mining lease covering an area of 6,857.63 ha and 53 mining claims comprising an area of approximately 2,458.29 ha located in Quebec, Canada; and the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in northeastern Quebec. The company was formerly known as Champion Iron Mines Limited and changed its name to Champion Iron Limited in March 2014. Champion Iron Limited is headquartered in Rozelle, Australia.
Companies with ret. on equity similar to Champion Iron
- Express has Ret. on equity of 81.57%
- Martifer SGPS has Ret. on equity of 81.63%
- The Sherwin-Williams has Ret. on equity of 81.64%
- FibroGen Inc has Ret. on equity of 81.93%
- Wow Unlimited Media has Ret. on equity of 81.99%
- Nestlé India has Ret. on equity of 82.08%
- Champion Iron has Ret. on equity of 82.23%
- Occidental Petroleum has Ret. on equity of 82.34%
- Occidental Petroleum has Ret. on equity of 82.34%
- EnerSpar has Ret. on equity of 82.36%
- Bouvet ASA has Ret. on equity of 82.39%
- Betterware de Mexico, S.A.P.I. de C.V has Ret. on equity of 82.46%
- Act II Global Acquisition has Ret. on equity of 82.54%