Sphinx Resources Ret. on equity
What is the Ret. on equity of Sphinx Resources?
The Ret. on equity of Sphinx Resources Ltd. is -497.42%
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 TSXV compared to Sphinx Resources
What does Sphinx Resources do?
Sphinx Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for zinc, copper, nickel, lead, palladium, platinum, gold, and silver deposits. The company holds interests in various properties located in the Pontiac regional county municipality of southwestern Québec; and in southern Abitibi Temiscaming region and southeast of the municipality of Saint-Édouard-de-Fabre. The company was formerly known as Donner Metals Ltd. and changed its name to Sphinx Resources Ltd. in October 2014. Sphinx Resources Ltd. was incorporated in 2005 and is headquartered in Montreal, Canada.
Companies with ret. on equity similar to Sphinx Resources
- RigNet Inc has Ret. on equity of -503.83%
- GreenPower Motor Co has Ret. on equity of -502.94%
- SOBR SAFE has Ret. on equity of -502.88%
- NavSight has Ret. on equity of -500.99%
- Uniper SE has Ret. on equity of -498.76%
- Party City Holdco Inc has Ret. on equity of -497.63%
- Sphinx Resources has Ret. on equity of -497.42%
- Avalon GloboCare has Ret. on equity of -497.06%
- Avalon GloboCare has Ret. on equity of -497.06%
- Avalon GloboCare has Ret. on equity of -497.06%
- Avalon GloboCare has Ret. on equity of -497.06%
- Avalon GloboCare has Ret. on equity of -497.06%
- Avalon GloboCare has Ret. on equity of -497.06%