East Resources Ret. on assets
What is the Ret. on assets of East Resources?
The Ret. on assets of East Energy Resources Limited is -1.98%
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 Energy sector on ASX compared to East Resources
What does East Resources do?
East Energy Resources Limited operates as a coal exploration and development company in Australia. It holds a 100% interest in the Blackall project that consists of three main coal resource areas in three tenements located in the Eastern Eromanga Basin in central Western Queensland. The company was founded in 2007 and is based in Perth, Australia. East Energy Resources Limited is a subsidiary of Maylion Pty Ltd.
Companies with ret. on assets similar to East Resources
- Berry Corp has Ret. on assets of -1.99%
- Blue Ridge Bankshares Inc (VA) has Ret. on assets of -1.98%
- WINDMILL has Ret. on assets of -1.98%
- 360 Capital REIT has Ret. on assets of -1.98%
- Sau San Tong has Ret. on assets of -1.98%
- Swaraj Automotives has Ret. on assets of -1.98%
- East Resources has Ret. on assets of -1.98%
- 56728 has Ret. on assets of -1.98%
- Kiniksa Pharmaceuticals International Plc has Ret. on assets of -1.98%
- Gold By Gold SA has Ret. on assets of -1.97%
- Ming Lam has Ret. on assets of -1.97%
- Grindrod Shipping has Ret. on assets of -1.97%
- Huaneng Power International has Ret. on assets of -1.97%