Mene

Mene ROA

The Return on Assets (ROA) of Mene (MENE.V) as of Nov 13, 2026 is -4.72 %. In the previous year, Return on Assets (ROA) was -10.91 % — a change of -56.71% (higher).

ROA

-4.72 %

YoY

-56.71%

Last updated:

In 2024, Mene's return on assets (ROA) was -4.72 %, a -56.71% increase from the -10.91 % ROA in the previous year.

The Mene ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2017
29.70 CAD
Jan 1, 2018
-22.12 CAD
Jan 1, 2019
-16.66 CAD
Jan 1, 2020
-8.28 CAD
Jan 1, 2021
-0.11 CAD
Jan 1, 2022
-4.61 CAD
Jan 1, 2023
-10.91 CAD
Jan 1, 2024
-4.72 CAD
The Mene ROA history
YEARROAYoY
-4.72 %-56.71%
-10.91 %+136.37%
-4.61 %+4,097.97%
-0.11 %-98.67%
-8.28 %-50.28%
-16.66 %-24.68%
-22.12 %-174.49%
29.70 %-108.69%
-341.73 %-95.34%
-7,328.29 %+1,403.90%
-487.28 %—

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Mene Stock analysis

What does Mene do? Mene, Inc. designs, manufactures, and markets 24 karat gold and platinum investment jewelry under its brand name Mene. The company sells directly to consumers online by gram weight, offering products such as bracelets, chains, earrings, medallions, pendants, rings, personal touch, and precious objects. Its jewelry is crafted from gold sourced from Nevada, United States, and Ontario, Canada mines, with gold carrying the London Bullion Market’s Responsible Sourcing Certification. The firm serves customers across 50 U.S. states, 10 Canadian provinces, and about 60 countries without physical retail locations. Mene targets individual investors seeking tangible assets through its direct-to-consumer online model. The company generates revenue by selling gold and platinum jewelry by weight, leveraging the appeal of investment-grade materials certified for responsible sourcing. Customers purchase these products for their intrinsic value as precious metals, with no physical stores required for transactions. The firm’s revenue streams come from the sale of gold and platinum jewelry crafted from responsibly sourced materials. Its product range includes various jewelry types designed for investment purposes, sold directly to consumers through its online platform. The company’s focus on certified responsible sourcing and direct online sales supports its business model across global markets. Mene is one of the most popular companies on Eulerpool.

ROA Details

Understanding Mene's Return on Assets (ROA)

Mene's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Mene's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Mene's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Mene’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Mene stock

Return on Assets (ROA) of Mene is -4.72 % in 2024.

Return on Assets (ROA) of Mene changed from -10.91 % to -4.72 %, representing a -56.71% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Mene since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Mene with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Mene

All Key Metrics — Mene