Astra Ret. on equity
What is the Ret. on equity of Astra?
The Ret. on equity of Astra Energy Inc. is -48.98%
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 Consumer Staples sector on OTC compared to Astra
What does Astra do?
Astra Energy Inc. provides scallop farming and marine hatchery services. It involves in farming, processing, and marketing marine species, such as scallops and sablefish in the west coast of North America. The company's product includes ÂQualicum Beach Scallop', which is a hybrid of the imported Japanese scallop and the local weathervane scallop. It also produces various shellfish seed species, including the Pacific oyster, eastern blue mussel, Mediterranean mussel, and geoduck clam that are sold to third party shellfish farmers. In addition, the company provides consulting, research and development, and custom processing and marketing services, as well as offers aquaculture equipment. The company was founded in 1989 and is based in North Las Vegas, Nevada
Companies with ret. on equity similar to Astra
- Sun Japan Corp has Ret. on equity of -49.10%
- Prodware SA has Ret. on equity of -49.09%
- ACRES Commercial Realty Corp has Ret. on equity of -49.06%
- Empyrean Plc has Ret. on equity of -49.03%
- Monnet Ispat & has Ret. on equity of -49.00%
- Oxatis SA has Ret. on equity of -49.00%
- Astra has Ret. on equity of -48.98%
- Brookfield Property REIT has Ret. on equity of -48.96%
- HPQ-Silicon Resources has Ret. on equity of -48.93%
- Amundi Index Solutions - Amundi MSCI USA UCITS ETF-C EUR has Ret. on equity of -48.92%
- Column Capital has Ret. on equity of -48.91%
- co.don AG has Ret. on equity of -48.83%
- Burcon NutraScience has Ret. on equity of -48.83%