FluroTech Ret. on assets
What is the Ret. on assets of FluroTech?
The Ret. on assets of FluroTech Ltd. is -24.29%
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 TSXV compared to FluroTech
What does FluroTech do?
FluroTech Ltd., a technology and marketing company, focuses on the commercialization of various technologies in the pandemic defense sector. It provides a pandemic defense platform, a saliva-based antigen test that targets active infections evidenced by the presence of live viral particles. The company is headquartered in Calgary, Canada.
Companies with ret. on assets similar to FluroTech
- fastjet Plc has Ret. on assets of -24.35%
- Antera Ventures Ii Corp has Ret. on assets of -24.35%
- Delivra Health Brands Inc has Ret. on assets of -24.34%
- Harvest One Cannabis has Ret. on assets of -24.34%
- Golden Mile Resources has Ret. on assets of -24.34%
- Emperor Culture has Ret. on assets of -24.29%
- FluroTech has Ret. on assets of -24.29%
- Auryn Resources has Ret. on assets of -24.29%
- Hopefluent has Ret. on assets of -24.29%
- Teladoc Health Inc has Ret. on assets of -24.28%
- Blackbird plc has Ret. on assets of -24.27%
- United Hunter Oil & Gas has Ret. on assets of -24.26%
- Perihelion Capital has Ret. on assets of -24.24%