Superior Resources Ret. on assets
What is the Ret. on assets of Superior Resources?
The Ret. on assets of Superior Resources Limited is -3.55%
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 Superior Resources
What does Superior Resources do?
Superior Resources Limited engages in the mineral exploration business in Australia. The company explores for lead, zinc, silver, copper, gold, nickel, cobalt, and uranium deposits. It primarily holds interests in the Mount Isa style project located in northwest Queensland; and the volcanogenic massive sulphide and porphyry style copper-gold deposits situated in northeast Queensland. Superior Resources Limited was incorporated in 2005 and is based in Coorparoo, Australia.
Companies with ret. on assets similar to Superior Resources
- Mercantile Ports & Logistics has Ret. on assets of -3.56%
- Westhaven Ventures has Ret. on assets of -3.55%
- Omni Bridgeway has Ret. on assets of -3.55%
- Gateway Mining has Ret. on assets of -3.55%
- Mare Nostrum Societe anonyme has Ret. on assets of -3.55%
- GHP Noetic Science-Psychedelic Pharma has Ret. on assets of -3.55%
- Superior Resources has Ret. on assets of -3.55%
- Libby K Industries has Ret. on assets of -3.54%
- Jupiter has Ret. on assets of -3.54%
- New Placer Dome Gold has Ret. on assets of -3.54%
- New Placer Dome Gold has Ret. on assets of -3.54%
- Stage Stores Inc has Ret. on assets of -3.54%
- Chaoda Modern Agriculture () has Ret. on assets of -3.54%