Lithium Power International Ret. on assets
What is the Ret. on assets of Lithium Power International?
The Ret. on assets of Lithium Power International Limited is -10.04%
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 Lithium Power International
What does Lithium Power International do?
Lithium Power International Limited, a lithium company, engages in the identification, acquisition, development, and exploration of lithium projects in Chile and Australia. The company holds a 51% interest in the Maricunga lithium brine project located in the Atacama Region, Chile; and 100% interest in the Pilgangoora lithium tenement in the Pilbara region of North West Western Australia. It also holds a 100% interest in the Tabba Tabba property located in North West Western Australia; and 100% interest in the Greenbushes project in the South West Western Australia. Lithium Power International Limited was founded in 2015 and is based in Sydney, Australia.
Companies with ret. on assets similar to Lithium Power International
- ACRES Commercial Realty Corp has Ret. on assets of -10.06%
- DiscovEx Resources has Ret. on assets of -10.05%
- Immedia Plc has Ret. on assets of -10.05%
- Velocity Property has Ret. on assets of -10.04%
- LendingTree has Ret. on assets of -10.04%
- Stone Resources Australia has Ret. on assets of -10.04%
- Lithium Power International has Ret. on assets of -10.04%
- Nuveen New York Municipal Value Fund has Ret. on assets of -10.03%
- China Health has Ret. on assets of -10.02%
- TV Vision has Ret. on assets of -10.02%
- GenMark Diagnostics Inc has Ret. on assets of -10.01%
- Ta Yang has Ret. on assets of -10.01%
- Allied Nevada Gold has Ret. on assets of -10.01%