New Tech Minerals Ret. on equity
What is the Ret. on equity of New Tech Minerals?
The Ret. on equity of New Tech Minerals Corp. is -55.93%
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 Materials sector on OTC compared to New Tech Minerals
Companies with ret. on equity similar to New Tech Minerals
- Carbon has Ret. on equity of -56.03%
- 1511 has Ret. on equity of -55.99%
- Arizona Metals has Ret. on equity of -55.96%
- Arizona Metals has Ret. on equity of -55.96%
- Low & Bonar Plc has Ret. on equity of -55.95%
- Digimarc has Ret. on equity of -55.95%
- New Tech Minerals has Ret. on equity of -55.93%
- Lefteris Acquisition has Ret. on equity of -55.90%
- Luckin Coffee has Ret. on equity of -55.86%
- E.Merge Technology Acquisition has Ret. on equity of -55.84%
- Pan Global Resources has Ret. on equity of -55.78%
- ANGLE Plc has Ret. on equity of -55.77%
- Parrot SA has Ret. on equity of -55.77%