I-Minerals Ret. on assets
What is the Ret. on assets of I-Minerals?
The Ret. on assets of I-Minerals Inc. is -35.10%
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 TSXV compared to I-Minerals
What does I-Minerals do?
I-Minerals Inc. engages in the exploration, evaluation, and development of mineral properties in the United States. The company develops quartz, potassium feldspar, halloysite, kaolinite, and metakaolin deposits. It holds a 100% interest in the Helmer-Bovill property comprising 11 mineral leases that covers an area of approximately 5,140.64 acres located in northwest of Bovill, Latah County, Idaho. I-Minerals Inc. was incorporated in 1984 and is headquartered in Vancouver, Canada.
Companies with ret. on assets similar to I-Minerals
- Painted Pony has Ret. on assets of -35.25%
- CollPlant Biotechnologies Ltd has Ret. on assets of -35.25%
- Hertsford Capital plc has Ret. on assets of -35.25%
- Zenabis Global has Ret. on assets of -35.22%
- Fremont Gold has Ret. on assets of -35.15%
- CVR Medical has Ret. on assets of -35.10%
- I-Minerals has Ret. on assets of -35.10%
- Microba Life Sciences Ltd has Ret. on assets of -35.09%
- Gold Port has Ret. on assets of -35.09%
- Valbiotis SA has Ret. on assets of -35.08%
- Vaxil Bio has Ret. on assets of -35.07%
- BrainCool AB (publ) has Ret. on assets of -35.06%
- UroGen Pharma has Ret. on assets of -35.02%