TORC Oil & Gas Ret. on assets
What is the Ret. on assets of TORC Oil & Gas?
The Ret. on assets of TORC Oil & Gas Ltd. is -0.95%
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 TSX compared to TORC Oil & Gas
What does TORC Oil & Gas do?
TORC Oil & Gas Ltd. engages in the exploration and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. The company's principal properties are located in the southeast Saskatchewan area. TORC Oil & Gas Ltd. was founded in 2010 and is headquartered in Calgary, Canada.
Companies with ret. on assets similar to TORC Oil & Gas
- PDF Solutions has Ret. on assets of -0.96%
- Kingsland Global has Ret. on assets of -0.96%
- NB Private Equity Partners has Ret. on assets of -0.95%
- NB Private Equity Partners has Ret. on assets of -0.95%
- Commerce Resources has Ret. on assets of -0.95%
- Grupo Supervielle S.A has Ret. on assets of -0.95%
- TORC Oil & Gas has Ret. on assets of -0.95%
- Kalyani Forge has Ret. on assets of -0.95%
- Marwyn Value Investors has Ret. on assets of -0.95%
- Arvind Fashions has Ret. on assets of -0.95%
- Pacific Industries has Ret. on assets of -0.95%
- Alpha & Omega Semiconductor Ltd has Ret. on assets of -0.95%
- Ober SA has Ret. on assets of -0.95%