Volatus Aerospace Corp Ret. on assets

What is the Ret. on assets of Volatus Aerospace Corp?

The Ret. on assets of Volatus Aerospace Corp is -32.86%

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 Volatus Aerospace Corp

What does Volatus Aerospace Corp do?

Volatus Aerospace Corp. designs, manufactures, and certifies remotely piloted aircraft systems (RPAS) for VLOS and BVLOS operations in Canada, the United States, South America, and Latin America. The company offers fixed-wing RPAS, RPAS with modifications for custom applications, and drone solutions. It offers Drone-as-a-Service solutions for data acquisition, processing, and management in crop management, infrastructure inspection, survey mapping, and surveillance applications. The company also provides training for Transport Canada and FAA drone pilot certifications; and professional drone support services and RPAS training throughout the Maritimes and beyond. Its professional development courses include technical and operations training for equipment, standard operating procedures, industry-specific technology and applications, geographic information systems, data management and processing, and specific training for operations beyond visual light of sight. The company serves clients in agriculture, infrastructure, and forestry industries. Volatus Aerospace Corp. was incorporated in 2019 and is headquartered in Pointe-Claire, Canada.

Companies with ret. on assets similar to Volatus Aerospace Corp

Constellation Resources has Ret. on assets of -32.90%
Envirotech Vehicles Inc has Ret. on assets of -32.89%
e-Therapeutics Plc has Ret. on assets of -32.88%
U.S. Gold Corp has Ret. on assets of -32.87%
IMP Powers has Ret. on assets of -32.87%
Elegance Commercial and Printing has Ret. on assets of -32.86%
Volatus Aerospace Corp has Ret. on assets of -32.86%
Vivoryon Therapeutics AG has Ret. on assets of -32.83%
Vivoryon Therapeutics AG has Ret. on assets of -32.83%
Vivoryon Therapeutics N.V has Ret. on assets of -32.83%
Virnetx Corp has Ret. on assets of -32.82%
VirnetX Corp has Ret. on assets of -32.82%
Guanajuato Silver has Ret. on assets of -32.80%