Original Sixteen to One Mine Ret. on assets
What is the Ret. on assets of Original Sixteen to One Mine?
The Ret. on assets of Original Sixteen to One Mine, Inc. is -10.89%
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 OTC compared to Original Sixteen to One Mine
What does Original Sixteen to One Mine do?
Original Sixteen to One Mine, Inc. explores for, produces, and operates gold properties in California. It primarily operates Alleghany Mining District, a hard rock underground gold mine in California. The company holds 26 patented claims covering an area of 470 acres; 160 acres of mineral rights on patented claims; and approximately 320 acres of unpatented claims in the Alleghany properties. Original Sixteen to One Mine, Inc. was founded in 1896 and is based in Alleghany, California.
Companies with ret. on assets similar to Original Sixteen to One Mine
- Stratasys Ltd has Ret. on assets of -10.92%
- East 33 Ltd has Ret. on assets of -10.92%
- OptimizeRx Corp has Ret. on assets of -10.91%
- County International has Ret. on assets of -10.91%
- Moon River Capital has Ret. on assets of -10.90%
- Mamba Exploration has Ret. on assets of -10.90%
- Original Sixteen to One Mine has Ret. on assets of -10.89%
- SMART Global Inc has Ret. on assets of -10.89%
- Ramco Systems has Ret. on assets of -10.89%
- Vantex Resources Ltd has Ret. on assets of -10.89%
- ReTo Eco-Solutions Inc has Ret. on assets of -10.88%
- Alveen S.A has Ret. on assets of -10.88%
- Invesco Municipal Income Opportunities Trust has Ret. on assets of -10.88%