Australian Vanadium Ret. on assets
What is the Ret. on assets of Australian Vanadium?
The Ret. on assets of Australian Vanadium Limited is -6.48%
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 Materials sector on OTC compared to Australian Vanadium
What does Australian Vanadium do?
Australian Vanadium Limited engages in the mineral exploration activities in Australia. The company operates in two segments, Exploration and Energy Storage. It explores for vanadium/titanium, uranium, and other economic resources. The company's flagship property is the 100% owned Australian Vanadium project comprising 11 tenements covering an area of approximately 260 square kilometers located to the south of Meekatharra within the northern Murchison region of Western Australia. It also manufactures and sells vanadium redox flow battery systems. The company was formerly known as Yellow Rock Resources Limited and changed its name to Australian Vanadium Limited in December 2015. Australian Vanadium Limited was incorporated in 2005 and is based in West Perth, Australia.
Companies with ret. on assets similar to Australian Vanadium
- Seamless Green China () has Ret. on assets of -6.50%
- Newtree S.A has Ret. on assets of -6.50%
- Drone Volt SA has Ret. on assets of -6.49%
- Drone Volt SA has Ret. on assets of -6.49%
- Casa Minerals has Ret. on assets of -6.49%
- Aberdeen New Dawn Investment Trust Plc has Ret. on assets of -6.48%
- Australian Vanadium has Ret. on assets of -6.48%
- Moiselle International has Ret. on assets of -6.48%
- Ted Baker Plc has Ret. on assets of -6.48%
- Agora has Ret. on assets of -6.47%
- Mali Lithium has Ret. on assets of -6.47%
- Franklin Street Properties has Ret. on assets of -6.46%
- World Super has Ret. on assets of -6.46%