Talon Petroleum Ret. on equity
What is the Ret. on equity of Talon Petroleum?
The Ret. on equity of Talon Petroleum Limited is -75.18%
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 Energy sector on ASX compared to Talon Petroleum
What does Talon Petroleum do?
Talon Energy Ltd. engages in the exploration and evaluation of oil and gas projects in Australia and Mongolia. It holds 100% interests in the Vantage, Chisum, Bluestring/White Bear, and Carnaby projects located in North Sea; holds a 45% interest in Walyering project located in Perth Basin; and holds a 33% in the Gurvantes XXXV coal seam gas project located in southern Mongolia. The company was formerly known as Talon Petroleum Limited and changed its name to Talon Energy Ltd. in June 2021. Talon Energy Ltd. was incorporated in 2011 and is based in West Perth, Australia.
Companies with ret. on equity similar to Talon Petroleum
- China Ocean Fishing has Ret. on equity of -75.45%
- Vection Technologies has Ret. on equity of -75.43%
- Eros International Media has Ret. on equity of -75.42%
- MinRex Resources has Ret. on equity of -75.40%
- Khiron Life Sciences has Ret. on equity of -75.32%
- Haranga Resources Ltd has Ret. on equity of -75.19%
- Talon Petroleum has Ret. on equity of -75.18%
- Hasbro has Ret. on equity of -75.13%
- Europa Metals has Ret. on equity of -75.11%
- Mastrad Societe Anonyme has Ret. on equity of -75.05%
- Eguana Technologies has Ret. on equity of -75.04%
- InVivo Therapeutics Corp has Ret. on equity of -75.04%
- Woodbois has Ret. on equity of -75.04%