PetroFrontier Ret. on assets
What is the Ret. on assets of PetroFrontier?
The Ret. on assets of PetroFrontier Corp. is -6.51%
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 TSXV compared to PetroFrontier
What does PetroFrontier do?
PetroFrontier Corp., a junior energy company, explores for and produces petroleum and natural gas in western Canada. It focuses on developing two Mannville heavy oil plays in the Cold Lake and Wabasca areas of Alberta. PetroFrontier Corp. was incorporated in 2009 and is headquartered in Calgary, Canada.
Companies with ret. on assets similar to PetroFrontier
- BASE has Ret. on assets of -6.53%
- Mukand Engineers has Ret. on assets of -6.53%
- HMT has Ret. on assets of -6.52%
- Water Ways Technologies has Ret. on assets of -6.52%
- Jersey Oil and Gas Plc has Ret. on assets of -6.52%
- Air Marine SA has Ret. on assets of -6.51%
- PetroFrontier has Ret. on assets of -6.51%
- Diversified Healthcare Trust has Ret. on assets of -6.51%
- SKRR Exploration has Ret. on assets of -6.51%
- Motorcar Parts of America has Ret. on assets of -6.51%
- Fusion Fuel Green PLC has Ret. on assets of -6.50%
- Seamless Green China () has Ret. on assets of -6.50%
- Newtree S.A has Ret. on assets of -6.50%