Echo Plc Ret. on assets
What is the Ret. on assets of Echo Plc?
The Ret. on assets of Echo Energy Plc is -31.62%
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 LSE compared to Echo Plc
What does Echo Plc do?
Echo Energy plc, through its subsidiaries, operates as an exploration and gas focused E&P company in Latin America. The company's asset portfolio consists of Santa Cruz Sur. It also engages in holding Argentinian and Bolivian branch assets. The company was formerly known as Independent Resources plc. Echo Energy plc was incorporated in 2005 and is based in London, the United Kingdom.
Companies with ret. on assets similar to Echo Plc
- Renaissance Gold has Ret. on assets of -31.69%
- Endo International plc has Ret. on assets of -31.64%
- IRC has Ret. on assets of -31.64%
- AF1 Capital has Ret. on assets of -31.64%
- Seven Generations has Ret. on assets of -31.63%
- Seven Generations has Ret. on assets of -31.63%
- Echo Plc has Ret. on assets of -31.62%
- Surefire Resources NL has Ret. on assets of -31.62%
- Mmtec has Ret. on assets of -31.60%
- Searchlight Resources has Ret. on assets of -31.57%
- Brixton Metals has Ret. on assets of -31.56%
- China U-Ton has Ret. on assets of -31.55%
- TraceSafe has Ret. on assets of -31.55%