Champion Iron Ret. on assets
What is the Ret. on assets of Champion Iron?
The Ret. on assets of Champion Iron Ltd. is 30.96%
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 Champion Iron
What does Champion Iron do?
Champion Iron Limited engages in the acquisition, exploration, development, and production of iron ore deposits in North-Eastern Quebec. Its flagship project include the Bloom Lake mine, which consists of BM877 mining lease covering an area of 6,857.63 ha and 53 mining claims comprising an area of approximately 2,458.29 ha located in Quebec, Canada; and the Consolidated Fire Lake North project that includes the Fire Lake North, Don Lake, Bellechasse, and Oil Can deposits situated in northeastern Quebec. The company was formerly known as Champion Iron Mines Limited and changed its name to Champion Iron Limited in March 2014. Champion Iron Limited is headquartered in Rozelle, Australia.
Companies with ret. on assets similar to Champion Iron
- OTC Markets has Ret. on assets of 30.59%
- Mechel PJSC has Ret. on assets of 30.72%
- Enwell plc has Ret. on assets of 30.78%
- Australian Clinical Labs has Ret. on assets of 30.79%
- Daqo New Corp has Ret. on assets of 30.80%
- IEX N.V has Ret. on assets of 30.89%
- Champion Iron has Ret. on assets of 30.96%
- Hemisphere has Ret. on assets of 31.25%
- 21 St Century Manag has Ret. on assets of 31.43%
- Tata Consultancy Services has Ret. on assets of 31.48%
- Tata Consultancy Services has Ret. on assets of 31.48%
- Aladdin Healthcare Technologies SE has Ret. on assets of 31.59%
- S.D. Standard Drilling Plc has Ret. on assets of 31.64%