Bass Metals Ret. on equity
What is the Ret. on equity of Bass Metals?
The Ret. on equity of Bass Metals Limited is -143.77%
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 ASX compared to Bass Metals
What does Bass Metals do?
Bass Metals Limited produces industrial mineral concentrates. Its flagship project is the Graphmada Large Flake Graphite mine that is located in eastern Madagascar. The company is based in Brisbane, Australia.
Companies with ret. on equity similar to Bass Metals
- IWG Plc has Ret. on equity of -144.04%
- Harborside has Ret. on equity of -143.99%
- 4DS Memory has Ret. on equity of -143.97%
- Palla Pharma has Ret. on equity of -143.87%
- Palla Pharma has Ret. on equity of -143.87%
- Cambium Networks Corp has Ret. on equity of -143.79%
- Bass Metals has Ret. on equity of -143.77%
- Lyra Therapeutics has Ret. on equity of -143.74%
- Sihayo Gold has Ret. on equity of -143.40%
- Fortress Biotech Inc has Ret. on equity of -143.38%
- China Ruifeng Renewable has Ret. on equity of -143.25%
- Equitorial Exploration has Ret. on equity of -143.22%
- Pci Pal Plc has Ret. on equity of -143.07%