Letho Resources Ret. on equity

What is the Ret. on equity of Letho Resources?

The Ret. on equity of Letho Resources Corp. is -149.56%

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.

What does Letho Resources do?

Letho Resources Corp., engages in the acquisition, exploration, and development of oil and gas properties. The company was formerly known as Touchdown Resources Inc. and changed its name to Letho Resources Corp. in February 2014. Letho Resources Corp. was founded in 2005 and is headquartered in Vancouver, Canada.

Companies with ret. on equity similar to Letho Resources

Premier Diversified has Ret. on equity of -150.17%
Eargo has Ret. on equity of -150.17%
Amoeba S.A has Ret. on equity of -150.11%
Atari SA has Ret. on equity of -150.00%
Rackla Metals has Ret. on equity of -149.74%
China LNG has Ret. on equity of -149.57%
Letho Resources has Ret. on equity of -149.56%
NOVA has Ret. on equity of -149.52%
MSCI Inc has Ret. on equity of -149.44%
The Tinley Beverage Co has Ret. on equity of -149.31%
Honey Badger Exploration has Ret. on equity of -149.16%
Honey Badger Exploration has Ret. on equity of -149.16%
Chinese Food and Beverage has Ret. on equity of -149.15%