Return On Equity ratio Analysis of Atlas Lithium Corp. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-0.299
Period Ending - Dec-22
Very Poor ROE
-272.84
Growth
99.89 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-2924.35
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-587.89
ROE Analysis of Atlas Lithium Corp.
| ROE Ratio of Atlas Lithium Corp. with value of -2924.35 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Atlas Lithium Corp. with value of -587.89 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of ATLX rose handsomely by 99.89 % this year. |
| ROE Ratio with value of 0 was highest in Year Dec-21 in last Five Years. |
| ROE Ratio with value of -272.84 was lowest in Year Dec-22 in last Five Years. |
| Latest ROE Ratio with value of -0.299 is Greater than Average ROE of -54.63 in last five years. |
| ROE of Atlas Lithium Corp. is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of ATLX that may interest you.
Atlas Lithium Corp. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ATLX | 15.81 | 15.06 | 4.98 % | Other Precious Metals & Mining |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Atlas Lithium Corp.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -0.299 | -272.84 | 0 | 0 | 0 | 0 | 0 |
| Change | 99.89 % |
FY Chart of Return On Equity of Atlas Lithium Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)