Kalium Lakes Ret. on assets
What is the Ret. on assets of Kalium Lakes?
The Ret. on assets of Kalium Lakes Limited is -36.66%
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 Kalium Lakes
What does Kalium Lakes do?
Kalium Lakes Limited operates as an exploration and development company in Australia. It focuses on the development of 100% owned the Beyondie sulphate of potash project, which include 16 granted exploration licenses, two mining leases, and various miscellaneous licenses covering an area of approximately 1,800 square kilometers located in Western Australia. The company was founded in 2014 and is based in Balcatta, Australia.
Companies with ret. on assets similar to Kalium Lakes
- Jones Soda Co has Ret. on assets of -36.75%
- Oric Pharmaceuticals has Ret. on assets of -36.74%
- CAP-XX has Ret. on assets of -36.72%
- ObsEva SA has Ret. on assets of -36.70%
- Heidelberg Pharma AG has Ret. on assets of -36.70%
- Avricore Health has Ret. on assets of -36.66%
- Kalium Lakes has Ret. on assets of -36.66%
- 119088 has Ret. on assets of -36.60%
- MJ Innovation Capital has Ret. on assets of -36.60%
- Sphere 3D Corp has Ret. on assets of -36.55%
- Seven Oaks Capital Corp has Ret. on assets of -36.54%
- Clear Blue Technologies International has Ret. on assets of -36.54%
- Logica Ventures has Ret. on assets of -36.52%