Ark Mines Ret. on equity
What is the Ret. on equity of Ark Mines?
The Ret. on equity of Ark Mines Limited is -106.46%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Materials sector on ASX compared to Ark Mines
What does Ark Mines do?
Ark Mines Limited focuses in the mineral exploration and mining business in Australia. The company was incorporated in 2007 and is based in Perth, Australia.
Companies with ret. on equity similar to Ark Mines
- Holy Crp Brands Inc has Ret. on equity of -106.93%
- Abivax SA has Ret. on equity of -106.86%
- Macrogenics Inc has Ret. on equity of -106.84%
- Manganese X Corp has Ret. on equity of -106.84%
- Direct Communication Solutions has Ret. on equity of -106.81%
- Genetron Ltd has Ret. on equity of -106.66%
- Ark Mines has Ret. on equity of -106.46%
- Jervois Mining has Ret. on equity of -106.46%
- Jervois Mining has Ret. on equity of -106.46%
- Mediland Pharm has Ret. on equity of -106.43%
- RCI Industries & Technologies has Ret. on equity of -106.34%
- Lexicon Pharmaceuticals Inc has Ret. on equity of -106.17%
- CIIG Merger Corp has Ret. on equity of -106.06%