Cullen Resources Ret. on equity
What is the Ret. on equity of Cullen Resources?
The Ret. on equity of Cullen Resources Limited is -76.97%
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.
Ret. on equity of companies in the Finance sector on ASX compared to Cullen Resources
What does Cullen Resources do?
Magellan Global Trust is a closed-ended equity mutual fund launched and managed by Magellan Asset Management Limited. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Net Total Return Index. Magellan Global Trust was formed on August 29, 2017 and is domiciled in Australia.
Companies with ret. on equity similar to Cullen Resources
- Goldcore Resources has Ret. on equity of -77.26%
- Kodiak Sciences Inc has Ret. on equity of -77.23%
- Concepta PLC has Ret. on equity of -77.10%
- NexJ Systems has Ret. on equity of -77.02%
- Katanga Mining has Ret. on equity of -77.01%
- Newgioco has Ret. on equity of -76.98%
- Cullen Resources has Ret. on equity of -76.97%
- Harris Technology has Ret. on equity of -76.88%
- Live Nation Entertainment has Ret. on equity of -76.73%
- Gammon Infrastructure Projects has Ret. on equity of -76.58%
- Petros Pharmaceuticals has Ret. on equity of -76.57%
- Hon has Ret. on equity of -76.53%
- Hands Form has Ret. on equity of -76.47%