Nevada Copper Ret. on assets

What is the Ret. on assets of Nevada Copper?

The Ret. on assets of Nevada Copper Corp. is -0.63%

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 TSX compared to Nevada Copper

What does Nevada Copper do?

Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The company explores for copper, gold, and silver ores. Its holds 100% interests in the Pumpkin Hollow property located in Nevada, the United States. Nevada Copper Corp. is based in Reno, Nevada.

Companies with ret. on assets similar to Nevada Copper

Trackwise Designs Plc has Ret. on assets of -0.64%
Tysan has Ret. on assets of -0.64%
CIL Nova Petrochemicals has Ret. on assets of -0.64%
Seadrill Partners has Ret. on assets of -0.64%
Ventas Inc has Ret. on assets of -0.63%
Jupiter Green Investment Trust PLC has Ret. on assets of -0.63%
Nevada Copper has Ret. on assets of -0.63%
Harbour Centre Development has Ret. on assets of -0.63%
Rockhaven Resources has Ret. on assets of -0.63%
KHD Humboldt Wedag International AG has Ret. on assets of -0.63%
Canaccord Genuity Growth II has Ret. on assets of -0.63%
Vasta Platform has Ret. on assets of -0.63%
Landmark Property Development has Ret. on assets of -0.62%