Panbela Therapeutics Ret. on assets
What is the Ret. on assets of Panbela Therapeutics?
The Ret. on assets of Panbela Therapeutics Inc. is -182.15%
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 Health Care sector on NASDAQ compared to Panbela Therapeutics
What does Panbela Therapeutics do?
Panbela Therapeutics, Inc., a clinical-stage biopharmaceutical company, together with its subsidiaries, focuses on developing disruptive therapeutics for the treatment of patients with cancer. The company focuses on diseases of the pancreas, including pancreatitis and pancreatic cancer, as well as neoadjuvant pancreatic cancer, colorectal cancer, ovarian cancer, and other agents in other cancer indications. Its lead product candidate is SBP-101, which is in Phase Ia/Ib clinical trial for the treatment of patients with metastatic pancreatic ductal adenocarcinoma. The company was formerly known as Sun BioPharma, Inc. and changed its name to Panbela Therapeutics, Inc. in December 2020. Panbela Therapeutics, Inc. was incorporated in 2011 and is based in Waconia, Minnesota.
Companies with ret. on assets similar to Panbela Therapeutics
- Sequana Medical NV has Ret. on assets of -184.84%
- Galectin Therapeutics Inc has Ret. on assets of -184.41%
- Impelus has Ret. on assets of -183.89%
- E2 Metals has Ret. on assets of -183.37%
- Triple has Ret. on assets of -183.14%
- Sharing Economy International I has Ret. on assets of -182.16%
- Panbela Therapeutics has Ret. on assets of -182.15%
- Lithoquest Diamonds has Ret. on assets of -181.92%
- Live Verdure Ltd has Ret. on assets of -180.78%
- Mexican Gold Mining has Ret. on assets of -180.72%
- Gold Rush Cariboo has Ret. on assets of -180.57%
- Pure Alumina has Ret. on assets of -180.17%
- SOBR SAFE has Ret. on assets of -180.10%