Tiger International Resources Ret. on assets

What is the Ret. on assets of Tiger International Resources?

The Ret. on assets of Tiger International Resources Inc. is -698.54%

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.

What does Tiger International Resources do?

Tiger International Resources Inc. engages in the exploration and development of mining and petroleum properties. The company was incorporated in 1984 and is based in Laguna Hills, California.

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