Western Areas Ret. on assets
What is the Ret. on assets of Western Areas?
The Ret. on assets of Western Areas Limited is 2.39%
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 Western Areas
What does Western Areas do?
Western Areas Limited mines for, processes, and sells nickel sulphide concentrates and other base metals in Australia. It holds a 100% interest in the Forrestania project located in Western Australia. Western Areas Limited was incorporated in 1999 and is based in West Perth, Australia.
Companies with ret. on assets similar to Western Areas
- Shemaroo Entertainment has Ret. on assets of 2.39%
- Neoen S.A has Ret. on assets of 2.39%
- Tomra Systems ASA has Ret. on assets of 2.39%
- Century Enka has Ret. on assets of 2.39%
- Pinnacle West Capital has Ret. on assets of 2.39%
- Levi Strauss & Co has Ret. on assets of 2.39%
- Western Areas has Ret. on assets of 2.39%
- Agree Realty has Ret. on assets of 2.39%
- Duke has Ret. on assets of 2.39%
- AURES Technologies has Ret. on assets of 2.39%
- THK CO., LTD has Ret. on assets of 2.39%
- China Mining Resources has Ret. on assets of 2.39%
- SmarTone Telecommunications has Ret. on assets of 2.39%