Talon Petroleum Ret. on assets
What is the Ret. on assets of Talon Petroleum?
The Ret. on assets of Talon Petroleum Limited is -41.99%
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 Energy sector on ASX compared to Talon Petroleum
What does Talon Petroleum do?
Talon Energy Ltd. engages in the exploration and evaluation of oil and gas projects in Australia and Mongolia. It holds 100% interests in the Vantage, Chisum, Bluestring/White Bear, and Carnaby projects located in North Sea; holds a 45% interest in Walyering project located in Perth Basin; and holds a 33% in the Gurvantes XXXV coal seam gas project located in southern Mongolia. The company was formerly known as Talon Petroleum Limited and changed its name to Talon Energy Ltd. in June 2021. Talon Energy Ltd. was incorporated in 2011 and is based in West Perth, Australia.
Companies with ret. on assets similar to Talon Petroleum
- Glen Eagle Resources has Ret. on assets of -42.10%
- Starr Peak Expl Ltd has Ret. on assets of -42.10%
- Bathurst Metals has Ret. on assets of -42.10%
- Northstar Gold has Ret. on assets of -42.07%
- KOPR Point Ventures has Ret. on assets of -42.05%
- Lysogene S.A has Ret. on assets of -42.00%
- Talon Petroleum has Ret. on assets of -41.99%
- Sparta Capital has Ret. on assets of -41.96%
- GTL has Ret. on assets of -41.92%
- China New Economy Fund has Ret. on assets of -41.92%
- Prospector Metals Corp has Ret. on assets of -41.91%
- Coppercorp Resources Inc has Ret. on assets of -41.90%
- Kina Petroleum has Ret. on assets of -41.85%