Spitfire Oil Ret. on assets
What is the Ret. on assets of Spitfire Oil?
The Ret. on assets of Spitfire Oil Limited is -19.34%
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 Spitfire Oil
What does Spitfire Oil do?
Spitfire Oil Limited does not have significant operations. Previously, the company was involved in producing fuels and distillates from the Salmon Gums Lignite deposits located in Western Australia. The company was founded in 2007 and is based in Perth, Australia.
Companies with ret. on assets similar to Spitfire Oil
- Genel Plc has Ret. on assets of -19.36%
- Tamaska Oil and Gas has Ret. on assets of -19.36%
- Syncom Healthcare has Ret. on assets of -19.35%
- Baylin Technologies has Ret. on assets of -19.35%
- Aemetis Inc has Ret. on assets of -19.35%
- Essex Minerals has Ret. on assets of -19.34%
- Spitfire Oil has Ret. on assets of -19.34%
- Vection Technologies has Ret. on assets of -19.33%
- HUTCHMED (China) has Ret. on assets of -19.32%
- ACADIA Pharmaceuticals has Ret. on assets of -19.32%
- Medley Capital Corp has Ret. on assets of -19.31%
- Tri Capital Opportunities has Ret. on assets of -19.30%
- Intact Gold has Ret. on assets of -19.29%