Verde Bio Ret. on assets
What is the Ret. on assets of Verde Bio?
The Ret. on assets of Verde Bio Holdings, Inc. is -75.41%
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 OTC compared to Verde Bio
What does Verde Bio do?
Verde Bio Holdings, Inc. engages in the oil and gas exploration and investment business. It has mineral and royalty interests in various properties. The company was formerly known as Appiphany Technologies Holdings Corp. and changed its name to Verde Bio Holdings, Inc. in May 2020. Verde Bio Holdings, Inc. was incorporated in 2010 and is based in Frisco, Texas.
Companies with ret. on assets similar to Verde Bio
- Vapotherm Inc has Ret. on assets of -75.58%
- Vatic Ventures has Ret. on assets of -75.57%
- Skeena Resources has Ret. on assets of -75.50%
- Amira Nature Foods has Ret. on assets of -75.47%
- Amira Nature Foods has Ret. on assets of -75.47%
- White has Ret. on assets of -75.45%
- Verde Bio has Ret. on assets of -75.41%
- Aqua Metals Inc has Ret. on assets of -75.27%
- Titan Pharmaceuticals, (de) has Ret. on assets of -75.11%
- Rokk3r has Ret. on assets of -75.09%
- Corvus Gold has Ret. on assets of -75.06%
- Moleculin Biotech Inc has Ret. on assets of -75.04%
- Polarean Imaging plc has Ret. on assets of -75.00%