Calidus Resources Ret. on equity
What is the Ret. on equity of Calidus Resources?
The Ret. on equity of Calidus Resources Limited is -13.82%
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 Materials sector on ASX compared to Calidus Resources
What does Calidus Resources do?
Calidus Resources Limited engages in the exploration and exploitation of gold minerals in Australia. The company holds interests in the Warrawoona Gold project covering an area of approximately 780 square kilometers located in the East Pilbara district of the Pilbara Goldfield in Western Australia; and the Blue Spec project located in the Pilbara Goldfield in Western Australia. It also holds a 70% interest in the Otways gold-copper project located in Western Australia. The company was incorporated in 1986 and is based in West Perth, Australia.
Companies with ret. on equity similar to Calidus Resources
- CRISPR Therapeutics AG has Ret. on equity of -13.85%
- Planet Green Corp has Ret. on equity of -13.85%
- Zhihu has Ret. on equity of -13.85%
- NewOrigin Gold has Ret. on equity of -13.83%
- Trail Blazer Capital Corp has Ret. on equity of -13.83%
- Country Club Hospitality & Holidays has Ret. on equity of -13.82%
- Calidus Resources has Ret. on equity of -13.82%
- Summa Silver has Ret. on equity of -13.80%
- Summa Silver has Ret. on equity of -13.80%
- Japan Gold has Ret. on equity of -13.80%
- Lotus Resources has Ret. on equity of -13.80%
- Innate Pharma S.A has Ret. on equity of -13.78%
- PAULIC Meunerie SA has Ret. on equity of -13.78%