Genesis Minerals Ret. on assets
What is the Ret. on assets of Genesis Minerals?
The Ret. on assets of Genesis Minerals Limited is -78.94%
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 Genesis Minerals
What does Genesis Minerals do?
Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. The company owns 100% interests in the Ulysses Gold project located to the north of Kalgoorlie. Genesis Minerals Limited was incorporated in 2007 and is based in West Perth, Australia.
Companies with ret. on assets similar to Genesis Minerals
- Egr Exploration Ltd has Ret. on assets of -79.28%
- Gambier Gold has Ret. on assets of -79.28%
- TALI Digital has Ret. on assets of -79.20%
- Ximen Mining has Ret. on assets of -79.10%
- Ximen Mining has Ret. on assets of -79.10%
- AIML Resources has Ret. on assets of -78.95%
- Genesis Minerals has Ret. on assets of -78.94%
- Kootenay Silver Inc has Ret. on assets of -78.86%
- Caravel Minerals has Ret. on assets of -78.71%
- Concert Pharmaceuticals Inc has Ret. on assets of -78.67%
- AlloVir has Ret. on assets of -78.60%
- Argo Gold has Ret. on assets of -78.55%
- ElectroCore Inc has Ret. on assets of -78.53%