Return On Asset breakdown for LorraineReturn on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Lorraine Return On Asset Assessment
Based on latest financial disclosure Lorraine Copper Corp has Return On Asset of 0.96%. This is 107.71% lower than that of Basic Materials sector, and 103.2% lower than that of Industrial Metals and Minerals industry, The Return On Asset for all stocks is 115.43% lower than the firm.
Filter other Stocks by Return On Asset
Return On Asset ComparisonLorraine is currently under evaluation in return on asset category among related companies.
Follow Lorraine Return On Asset with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other Lorraine Fundamentals