Bass Metals Ret. on assets
What is the Ret. on assets of Bass Metals?
The Ret. on assets of Bass Metals Limited is -39.60%
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 Bass Metals
What does Bass Metals do?
Bass Metals Limited produces industrial mineral concentrates. Its flagship project is the Graphmada Large Flake Graphite mine that is located in eastern Madagascar. The company is based in Brisbane, Australia.
Companies with ret. on assets similar to Bass Metals
- Reunion Gold has Ret. on assets of -39.71%
- BMGB Capital has Ret. on assets of -39.68%
- Poseida Therapeutics has Ret. on assets of -39.66%
- KORU Medical Systems Inc has Ret. on assets of -39.65%
- PureK has Ret. on assets of -39.63%
- Simply Better Brands has Ret. on assets of -39.63%
- Bass Metals has Ret. on assets of -39.60%
- Tongda Hong Tai has Ret. on assets of -39.54%
- China Touyun Tech has Ret. on assets of -39.51%
- Fabled Silver Gold has Ret. on assets of -39.50%
- Simply has Ret. on assets of -39.46%
- HC International has Ret. on assets of -39.40%
- EQ has Ret. on assets of -39.40%