Solarvest Bio Ret. on assets
What is the Ret. on assets of Solarvest Bio?
The Ret. on assets of Solarvest BioEnergy, Inc. is -54.42%
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 Industrials sector on TSXV compared to Solarvest Bio
What does Solarvest Bio do?
Solarvest BioEnergy Inc. engages in the development of algal-based production systems to produce natural based green commercial products in Canada and internationally. The company provides human nutrition products, including omega-3; and pharmaceutical ingredients for human health comprising cannabinoids in algae and bone morphogenetic protein for the treatment of repairing bone fractures. It has a collaborative research and development agreement with FSD Pharma Inc. to develop algae-based pharmaceutical grade cannabinoids. The company was incorporated in 2005 and is based in Vancouver, Canada.
Companies with ret. on assets similar to Solarvest Bio
- Voltabox AG has Ret. on assets of -54.65%
- Predilife S.A has Ret. on assets of -54.59%
- K-TIG has Ret. on assets of -54.59%
- Sierra Oncology Inc has Ret. on assets of -54.52%
- Minaurum Gold has Ret. on assets of -54.51%
- Granada Gold Mine has Ret. on assets of -54.50%
- Solarvest Bio has Ret. on assets of -54.42%
- Quadrise Fuels International Plc has Ret. on assets of -54.34%
- Zenith Capital has Ret. on assets of -54.32%
- Eos Enterprises has Ret. on assets of -54.31%
- Ecofibre has Ret. on assets of -54.31%
- Eagle Mountain Mining has Ret. on assets of -54.26%
- Elcora Advanced Materials has Ret. on assets of -54.25%