BioNeutra Global Ret. on assets
What is the Ret. on assets of BioNeutra Global?
The Ret. on assets of BioNeutra Global Corporation is -27.37%
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 Consumer Staples sector on TSXV compared to BioNeutra Global
What does BioNeutra Global do?
BioNeutra Global Corporation, together with its subsidiaries, engages in the research and development, production, and commercialization of food ingredients for nutraceutical, functional, and mainstream foods, and beverages with a focus on oligosaccharides. The company's lead product is VitaFiber, an isomalto-oligosaccharide functional and health food ingredient that offers low calorie soluble prebiotic fiber for human digestive health. It serves small and medium enterprises, and various food manufacturers in in Canada, the United States, Europe, Australia, New Zealand, and Southeast Asia. The company provides VitaFiber through Amazon.com and Shopify.com, as well as other direct-to-consumer retail channels. BioNeutra Global Corporation is based in Edmonton, Canada.
Companies with ret. on assets similar to BioNeutra Global
- GetSwift has Ret. on assets of -27.46%
- PanTerra Gold has Ret. on assets of -27.45%
- Altisource Portfolio Solutions S.A has Ret. on assets of -27.41%
- Kartoon Studios Inc has Ret. on assets of -27.41%
- Indiana Resources has Ret. on assets of -27.39%
- Zadar Ventures has Ret. on assets of -27.38%
- BioNeutra Global has Ret. on assets of -27.37%
- Westminster Plc has Ret. on assets of -27.36%
- Youdao has Ret. on assets of -27.35%
- China Oceanwide International has Ret. on assets of -27.33%
- Consolidated Firstfund Capital has Ret. on assets of -27.32%
- AL has Ret. on assets of -27.29%
- Akero Therapeutics Inc has Ret. on assets of -27.29%