As of June 12, 2025, Golden Ridge Resources Ltd (GLDN.V) reports a ROA (Return on Assets) of -9.01%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Golden Ridge Resources Ltd's ROA (Return on Assets)
Over recent years, Golden Ridge Resources Ltd's ROA (Return on Assets) has shown a stable trend. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2024-06-30 | -9.01% |
| 2023-06-30 | -42.97% |
| 2022-06-30 | -19.76% |
| 2021-06-30 | -92.78% |
| 2020-06-30 | -5.96% |
This slight upward trend highlights how Golden Ridge Resources Ltd manages its efficiency in using assets to generate earnings over time.
Comparing Golden Ridge Resources Ltd's ROA (Return on Assets) to Peers
To better understand Golden Ridge Resources Ltd's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| Golden Ridge Resources Ltd (GLDN.V) | -9.01% |
| Commander Resources Ltd (CMD.V) | 84.50% |
| Magna Terra Minerals Inc (MTT.V) | 61.77% |
| Queen's Road Capital Investment Ltd (QRC.V) | 44.91% |
| Abitibi Royalties Inc (RZZ.V) | 23.08% |
| Norvista Capital Corp (NVV.V) | 22.11% |
Compared to its competitors, Golden Ridge Resources Ltd's ROA (Return on Assets) is about average compared to peers, indicating typical asset efficiency for the industry.