Emx Royalty Common Shares (Canada)(Emx) Financials: Return On Assets Compared To Industry Average, Plus Other Key Ratios
Profitability Trend (Last 5 Years)
Profitability - return on assets
This chart shows the historical trend of return on assets for EMX compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Return on Assets (ROA)
Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.
Interpretation:
• In '2021', EMX's return on assets was -14.2%, representing returns generated from total assets. Industry average for Metal Mining in '2021' stood at -30.0%.
• In '2022', EMX's return on assets was 2.0%, representing returns generated from total assets. The increase since '2021' reflects strengthening financial performance. Industry average for Metal Mining in '2022' stood at -29.4%. Industry average increased by 0.5% compared to previous year.
• In '2023', EMX's return on assets was -2.8%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Metal Mining in '2023' stood at -26.4%. Industry average increased by 3.0% compared to previous year.
• In '2024', EMX's return on assets was -2.1%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Metal Mining in '2024' stood at -33.5%. Industry average declined by 7.1% from previous year.
Overall, EMX's return on assets has been volatile but showed an upward trend over the past 4 years.
Formula: ROA = Net Income / Total Assets
Good Range: Commonly 5%-15%.