Katanga Mining Ret. on assets
What is the Ret. on assets of Katanga Mining?
The Ret. on assets of Katanga Mining Ltd. is -3.71%
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 OTC compared to Katanga Mining
What does Katanga Mining do?
Katanga Mining Limited, through its subsidiaries, engages in the copper and cobalt mining, and related activities in the Democratic Republic of Congo. It is involved in the exploration, mining, refurbishment, rehabilitation, development, and operation of the Kamoto/Mashamba East mining complex; the Kamoto Oliveira Virgule copper and cobalt mine; T17 open pit and underground mines; various oxide open pit resources; the Kamoto concentrator; and the Luilu metallurgical plant. The company was incorporated in 1996 and is headquartered in Whitehorse, Canada. Katanga Mining Limited is a subsidiary of Glencore International AG.
Companies with ret. on assets similar to Katanga Mining
- Callinex Mines has Ret. on assets of -3.72%
- Yanchang Petroleum International has Ret. on assets of -3.72%
- Aura Minerals has Ret. on assets of -3.72%
- Botswana Diamonds plc has Ret. on assets of -3.71%
- Little Green Pharma Ltd has Ret. on assets of -3.71%
- London & Associated Properties PLC has Ret. on assets of -3.71%
- Katanga Mining has Ret. on assets of -3.71%
- Indo Rama Synthetics (India) has Ret. on assets of -3.71%
- Regis Resources has Ret. on assets of -3.71%
- Lianhua Supermarket Co has Ret. on assets of -3.71%
- Mobeus Income & Growth 4 VCT plc has Ret. on assets of -3.71%
- Timah Resources has Ret. on assets of -3.70%
- HarMoney Corp Ltd has Ret. on assets of -3.70%