Cobra Venture Ret. on assets
What is the Ret. on assets of Cobra Venture?
The Ret. on assets of Cobra Venture Corporation is 4.38%
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 Energy sector on TSXV compared to Cobra Venture
What does Cobra Venture do?
Cobra Venture Corporation engages in the exploration and development of petroleum and natural gas properties in Canada. It holds interest in an oil well located in the Willesden Green area in Alberta; and the Gull Lake project in Saskatchewan. Cobra Venture Corporation was incorporated in 1998 and is headquartered in West Vancouver, Canada.
Companies with ret. on assets similar to Cobra Venture
- Artefact SA has Ret. on assets of 4.38%
- HPL Electric & Power has Ret. on assets of 4.38%
- Mercury General has Ret. on assets of 4.38%
- Generation Asia I Acquisition L has Ret. on assets of 4.38%
- Suntory Beverage & Food has Ret. on assets of 4.38%
- bet-at-home.com AG has Ret. on assets of 4.38%
- Cobra Venture has Ret. on assets of 4.38%
- DMG MORI AG has Ret. on assets of 4.38%
- Societe de Services, de Participations, de Direction et d'Elaboration has Ret. on assets of 4.38%
- Aries Agro has Ret. on assets of 4.38%
- Sculptor Acquisition Corp I has Ret. on assets of 4.38%
- Array Technologies has Ret. on assets of 4.38%
- Amcor has Ret. on assets of 4.38%