Lepidico Ret. on assets
What is the Ret. on assets of Lepidico?
The Ret. on assets of Lepidico Limited is -12.19%
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 Materials sector on ASX compared to Lepidico
What does Lepidico do?
Lepidico Limited engages in the exploration, development, and production of lithium chemicals in Australia and internationally. The company operates through two segments, Mineral Exploration and Technology. Its technologies include L-Max technology, a hydro-metallurgical process for processing lithium mica slurry; S-Max that produces amorphous silica from a range of mica minerals, including lithium micas; and LOH-Max process, which produces high purity lithium hydroxide from lithium sulphate. In addition, it holds an 80% interest in the Karibib project located within the Karibib pegmatite belt in central Namibia in southwestern Africa. Lepidico Limited has a strategic collaboration with Cornish Lithium Ltd to focus on the development of a lithium chemical manufacturing center. The company was incorporated in 1979 and is based in Belmont, Australia.
Companies with ret. on assets similar to Lepidico
- Loto Interactive has Ret. on assets of -12.23%
- Ares Asia has Ret. on assets of -12.23%
- Crown Point has Ret. on assets of -12.23%
- FingerTango has Ret. on assets of -12.23%
- Rewardle has Ret. on assets of -12.22%
- PowerCell Sweden AB (publ) has Ret. on assets of -12.21%
- Lepidico has Ret. on assets of -12.19%
- Tyranna Resources has Ret. on assets of -12.18%
- Battery Road Capital has Ret. on assets of -12.18%
- VIVUS has Ret. on assets of -12.18%
- Global Battery Metals has Ret. on assets of -12.18%
- Lightpath Technologies has Ret. on assets of -12.16%
- Ballantyne Strong Inc has Ret. on assets of -12.16%