The Ret. on assets of Predictiv Ai Inc is -267.73%
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.
Predictiv AI Inc. provides software and solutions in the artificial intelligence and industrial IoT markets. The company offers real-time advanced artificial intelligence based predictive road condition weather analytics for government, insurance, agriculture, public safety, fleet management, and outdoor event industries. The company was formerly known as Internet of Things Inc. and changed its name to Predictiv AI Inc. in August 2020. Predictiv AI Inc. is headquartered in Toronto, Canada.