Astra Ret. on equity

What is the Ret. on equity of Astra?

The Ret. on equity of Astra Energy Inc. is -19.57%

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.

What does Astra do?

Astra Energy, Inc. is an emerging company in project development and renewable energy technology. It invests in and develops renewable and clean energy projects in markets; and cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. The company was founded in 1989 and is based in San Diego, California.

Companies with ret. on equity similar to Astra

Transcorp International has Ret. on equity of -19.62%
Ecoslops SA has Ret. on equity of -19.60%
Touchstone Exploration has Ret. on equity of -19.59%
CyanConnode plc has Ret. on equity of -19.59%
Australian Potash has Ret. on equity of -19.58%
Tri Capital Opportunities has Ret. on equity of -19.58%
Astra has Ret. on equity of -19.57%
Arctic Hunter has Ret. on equity of -19.57%
Black Canyon has Ret. on equity of -19.57%
Vision International has Ret. on equity of -19.56%
Hawkwing plc has Ret. on equity of -19.56%
GoldSpot Discoveries has Ret. on equity of -19.55%
AdaptHealth has Ret. on equity of -19.55%