Capricorn Metals Ltd Ret. on assets
What is the Ret. on assets of Capricorn Metals Ltd?
The Ret. on assets of Capricorn Metals Ltd is 14.03%
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 Capricorn Metals Ltd
What does Capricorn Metals Ltd do?
Capricorn Metals Ltd explores for, evaluates, and develops mineral properties in Australia and Madagascar. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia. The company was formerly known as Malagasy Minerals Limited and changed its name to Capricorn Metals Limited in February 2016. Capricorn Metals Limited was incorporated in 2006 and is based in West Perth, Australia.
Companies with ret. on assets similar to Capricorn Metals Ltd
- Smartgroup Ltd has Ret. on assets of 14.00%
- Dundee Precious Metals has Ret. on assets of 14.01%
- Dundee Precious Metals has Ret. on assets of 14.01%
- Grupo Aeroportuario Del Sureste S.A has Ret. on assets of 14.01%
- Vinati Organics has Ret. on assets of 14.01%
- Canada Computational Unlimited has Ret. on assets of 14.03%
- Capricorn Metals Ltd has Ret. on assets of 14.03%
- MPS has Ret. on assets of 14.04%
- Century Plyboards (India) has Ret. on assets of 14.04%
- Kumulus Vape S.A has Ret. on assets of 14.04%
- Armstrong World Industries has Ret. on assets of 14.04%
- De Nora India has Ret. on assets of 14.04%
- Nichols Plc has Ret. on assets of 14.06%