Kalo Gold Ret. on assets

What is the Ret. on assets of Kalo Gold?

The Ret. on assets of Kalo Gold Holdings Corp. is -143.14%

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.

What does Kalo Gold do?

Kalo Gold Holdings Corp. engages in exploration of minerals. Its principal project is Vatu Aurum Gold Project located in Fiji's North Island, Vanua Levu. It holds two mineral exploration licenses covering over 36,700 hectares of land and gold deposits in the Southwest Pacific Ring of Fire. The company was incorporated in 2020 and is based in Vancouver, Canada.

Companies with ret. on assets similar to Kalo Gold

Clarity Gold has Ret. on assets of -144.09%
Ideanomics Inc has Ret. on assets of -143.96%
EV Nickel has Ret. on assets of -143.89%
Six Sigma Metals has Ret. on assets of -143.86%
IntelGenx Technologies has Ret. on assets of -143.43%
Intelgenx Technologies Corp has Ret. on assets of -143.43%
Kalo Gold has Ret. on assets of -143.14%
Superior Lake Resources has Ret. on assets of -142.96%
JB&ZJMY Co has Ret. on assets of -142.86%
Tryp Therapeutics has Ret. on assets of -142.79%
Pacific Ridge Exploration has Ret. on assets of -142.70%
CurrencyWorks has Ret. on assets of -142.63%
AgEagle Aerial Systems has Ret. on assets of -142.51%