Genesis Minerals Ret. on equity
What is the Ret. on equity of Genesis Minerals?
The Ret. on equity of Genesis Minerals Limited is -176.43%
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 Genesis Minerals
What does Genesis Minerals do?
Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. The company owns 100% interests in the Ulysses Gold project located to the north of Kalgoorlie. Genesis Minerals Limited was incorporated in 2007 and is based in West Perth, Australia.
Companies with ret. on equity similar to Genesis Minerals
- Reibel S.A has Ret. on equity of -177.37%
- Emerita Resources Corp has Ret. on equity of -177.35%
- Emerita Resources has Ret. on equity of -177.35%
- AuStar Gold has Ret. on equity of -177.30%
- AnteoTech has Ret. on equity of -176.54%
- Jura has Ret. on equity of -176.53%
- Genesis Minerals has Ret. on equity of -176.43%
- Silver Bullet Mines Corp has Ret. on equity of -176.26%
- Arshiya has Ret. on equity of -176.16%
- Quantify Technology has Ret. on equity of -175.92%
- Silver Heritage has Ret. on equity of -175.88%
- King Island Scheelite has Ret. on equity of -175.81%
- Prakash Steelage has Ret. on equity of -175.47%