AGBA Acquisition Ret. on assets
What is the Ret. on assets of AGBA Acquisition?
The Ret. on assets of AGBA Acquisition Limited is -61.39%
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 Finance sector on NASDAQ compared to AGBA Acquisition
What does AGBA Acquisition do?
AGBA Acquisition Limited does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the healthcare, education, entertainment, and financial services sectors in China. The company was incorporated in 2018 and is based in Tsim Sha Tsui, Hong Kong.
Companies with ret. on assets similar to AGBA Acquisition
- Rokmaster Resources has Ret. on assets of -61.63%
- Keytone Dairy has Ret. on assets of -61.60%
- Minaean SP Construction has Ret. on assets of -61.54%
- Clene Nanomedicine has Ret. on assets of -61.47%
- Naturally Splendid Enterprises has Ret. on assets of -61.47%
- DropCar has Ret. on assets of -61.42%
- AGBA Acquisition has Ret. on assets of -61.39%
- PolyPid has Ret. on assets of -61.37%
- AML3D has Ret. on assets of -61.33%
- Wize Pharma has Ret. on assets of -61.32%
- Avadel Pharmaceuticals plc has Ret. on assets of -61.29%
- EVE Investments has Ret. on assets of -61.26%
- Benitec Biopharma Inc has Ret. on assets of -61.24%