Platform 9 Capital Ret. on equity
What is the Ret. on equity of Platform 9 Capital?
The Ret. on equity of Platform 9 Capital Corp. is -18.50%
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 TSXV compared to Platform 9 Capital
What does Platform 9 Capital do?
Platform 9 Capital Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to completing a qualifying transaction. The company was incorporated in 2018 and is headquartered in Toronto, Canada.
Companies with ret. on equity similar to Platform 9 Capital
- China e-Wallet Payment has Ret. on equity of -18.57%
- Sunrise Resources plc has Ret. on equity of -18.56%
- Great Portland Estates Plc has Ret. on equity of -18.55%
- Punjab & Sind Bank has Ret. on equity of -18.53%
- Bombardier has Ret. on equity of -18.53%
- Nuveen California Quality Municipal Income Fund has Ret. on equity of -18.50%
- Platform 9 Capital has Ret. on equity of -18.50%
- Kingfisher Mining has Ret. on equity of -18.48%
- Future World has Ret. on equity of -18.48%
- Shen You has Ret. on equity of -18.48%
- Ravi Kumar Distilleries has Ret. on equity of -18.46%
- Silver Valley Metals Corp has Ret. on equity of -18.45%
- Invesco Municipal Trust has Ret. on equity of -18.43%