Manas Resources Ret. on equity
What is the Ret. on equity of Manas Resources?
The Ret. on equity of Manas Resources Limited is -15.07%
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 Manas Resources
What does Manas Resources do?
Manas Resources Limited engages in the acquisition, exploration, evaluation, and development of gold properties in Australia. Its principal properties include the Mbengué project that covers an area of approximately 400 square kilometers; Eburnea project; and Gonsan project comprising 3 exploration permit applications covering a combined area of approximately 1,000 square kilometers located in Côte D'Ivoire. Manas Resources Limited was incorporated in 2007 and is based in Mount Hawthorn, Australia.
Companies with ret. on equity similar to Manas Resources
- Tie Kinetix has Ret. on equity of -15.11%
- Emmerson PLC has Ret. on equity of -15.11%
- China Tontine Wines has Ret. on equity of -15.08%
- Sanara MedTech has Ret. on equity of -15.08%
- Northern Dynasty Minerals has Ret. on equity of -15.08%
- Harvard Bioscience has Ret. on equity of -15.07%
- Manas Resources has Ret. on equity of -15.07%
- Bancroft Fund Ltd has Ret. on equity of -15.06%
- Focus Home Interactive Societe anonyme has Ret. on equity of -15.06%
- Viking Therapeutics Inc has Ret. on equity of -15.05%
- Pyxis Tankers Inc has Ret. on equity of -15.04%
- Ocado Plc has Ret. on equity of -15.02%
- Ocado Plc has Ret. on equity of -15.02%