Yuma Ret. on assets
What is the Ret. on assets of Yuma?
The Ret. on assets of Yuma Energy, Inc. is -5.24%
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 OTC compared to Yuma
What does Yuma do?
Yuma Energy, Inc. focuses on the acquisition, development, and exploration for conventional and unconventional oil and natural gas resources in the United States. It has onshore properties located in central and southern Louisiana, and southeastern Texas; and operated and non-operated assets in south Louisiana, including Cameron, LaFourche, Livingston, St. Helena, St. Bernard, and Vermilion parishes. The company also holds operated and non-operated assets located in Jefferson and Madison counties, southeast Texas; non-operated position in the East Texas Woodbine; and operated positions in Kern County in California. Yuma Energy, Inc. is based in Houston, Texas. On October 19, 2020, the voluntary petition of Yuma Energy, Inc. for reorganization under Chapter 11 was converted to Chapter 7. It had filed for Chapter 11 bankruptcy on April 15, 2020.
Companies with ret. on assets similar to Yuma
- Starlite has Ret. on assets of -5.25%
- Taruga Minerals has Ret. on assets of -5.25%
- Cassiar Gold has Ret. on assets of -5.25%
- Cassiar Gold Corp has Ret. on assets of -5.25%
- Helium One Global Ltd has Ret. on assets of -5.25%
- Elanor Commercial Property Fund has Ret. on assets of -5.25%
- Yuma has Ret. on assets of -5.24%
- Ping An Healthcare and Technology has Ret. on assets of -5.24%
- Ping An Healthcare and Technology has Ret. on assets of -5.24%
- TomaGold has Ret. on assets of -5.24%
- Medigus has Ret. on assets of -5.23%
- Lanzhou Zhuangyuan Pasture Co has Ret. on assets of -5.23%
- Southern Empire Resources has Ret. on assets of -5.22%