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InPlay Oil Corp
TSX:IPO

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InPlay Oil Corp Logo
InPlay Oil Corp
TSX:IPO
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Price: 2.37 CAD 0.85%
Updated: Mar 28, 2024

ROA
Return on Assets

7.2%
Current
16%
Average
0.6%
Industry
Positive for the last year
7.2%
Positive average
16%
Worse than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number 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. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
7.2%
=
Net Income
32.7m
/
Total Assets
451.9m

ROA Across Competitors

ROA Comparison
InPlay Oil Corp Competitors

Country CA
Market Cap 214m CAD
ROA
7%
Country US
Market Cap 149.7B USD
ROA
12%
Country CN
Market Cap 861.9B HKD
ROA
13%
Country CA
Market Cap 110.1B CAD
ROA
11%
Country US
Market Cap 73.9B USD
ROA
18%
Country US
Market Cap 61B USD
ROA
14%
Country US
Market Cap 46.6B USD
ROA
6%
Country AU
Market Cap 57.9B AUD
ROA
3%
Country US
Market Cap 35.3B USD
ROA
11%
Country US
Market Cap 31.7B USD
ROA
16%
Country US
Market Cap 27B USD
ROA
19%

ROA Distribution

ROA Distribution
Energy Industry

Profitability Report

View the profitability report to see the full profitability analysis for InPlay Oil Corp.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number 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. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
7.2%
=
Net Income
32.7m
/
Total Assets
451.9m
What is the ROA of InPlay Oil Corp?

Based on InPlay Oil Corp's most recent financial statements, the company has ROA of 7.2%.