Cadiz Ret. on assets
What is the Ret. on assets of Cadiz?
The Ret. on assets of Cadiz Inc. is -25.28%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) 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. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Utilities sector on NASDAQ compared to Cadiz
What does Cadiz do?
founded in 1983, cadiz inc. is a renewable resource company that owns over 70 square miles of land with significant water resources in southern california. the company's properties, which are located at three sites in california's eastern mojave desert, offer abundant and renewable sources of clean water, an ideal environment for organic farming, and excellent land conservation opportunities. the company maintains an organic agricultural operation at its primary property in the cadiz valley and manages the largest desert tortoise land conservation bank in california. the company is also pursuing the cadiz valley water conservation, recovery and storage project, known as the cadiz water project, which will capture and conserve billions of gallons of renewable groundwater that is presently lost to evaporation and provide a new, sustainable water supply. through the active and safe management of the groundwater aquifer system at the site, the cadiz water project will reduce an ongoing los
Companies with ret. on assets similar to Cadiz
- E36 Capital has Ret. on assets of -25.32%
- Patriot Battery Metals Inc has Ret. on assets of -25.31%
- Cape Range has Ret. on assets of -25.29%
- Intra has Ret. on assets of -25.29%
- Kinetiko has Ret. on assets of -25.29%
- GURU Organic has Ret. on assets of -25.28%
- Cadiz has Ret. on assets of -25.28%
- On Track Innovations has Ret. on assets of -25.27%
- On Track Innovations has Ret. on assets of -25.27%
- Fabled Copper has Ret. on assets of -25.25%
- China Rundong Auto has Ret. on assets of -25.21%
- Antibe Therapeutics has Ret. on assets of -25.21%
- Leju Ltd has Ret. on assets of -25.19%