Kula Gold Ret. on assets
What is the Ret. on assets of Kula Gold?
The Ret. on assets of Kula Gold Limited is -67.20%
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 Kula Gold
What does Kula Gold do?
Kula Gold Limited identifies and explores for metals in Western Australia. The company primarily explores for gold, lithium, halloysite, nickel, kaolin, and copper deposits, as well as platinum group elements. It holds interests in the Airfield gold project located in Marvel Loch, Western Australia; the Rankin Dome project situated to west and north west of the town of Southern Cross, Western Australia; the Westonia Gold project; the Brunswick Ni-PGE project located in the southwest region of western Australia; and the Lake Rebecca gold project. The company also holds interests in the Crayfish Gold and Boomerang Kaolin prospects. Kula Gold Limited was incorporated in 2007 and is based in Perth, Australia.
Companies with ret. on assets similar to Kula Gold
- Nevada Exploration has Ret. on assets of -67.40%
- RiceBran Technologies has Ret. on assets of -67.38%
- GT has Ret. on assets of -67.32%
- RMA Global has Ret. on assets of -67.31%
- Stealth BioTherapeutics Corp has Ret. on assets of -67.24%
- Else Nutrition has Ret. on assets of -67.22%
- Kula Gold has Ret. on assets of -67.20%
- Murchison Minerals has Ret. on assets of -67.20%
- BetterLife Pharma has Ret. on assets of -67.16%
- QC Copper and Gold has Ret. on assets of -67.14%
- Azure Minerals has Ret. on assets of -67.12%
- ResApp Health has Ret. on assets of -67.09%
- Mohawk has Ret. on assets of -67.09%