DropCar Ret. on assets

What is the Ret. on assets of DropCar?

The Ret. on assets of DropCar, Inc. is -61.42%

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.

What does DropCar do?

DropCar, Inc. operates as a cloud-based vehicle support platform and mobile app. It helps consumers and automotive-related companies reduce the cost, hassles and inefficiencies of owning a car, or fleet of cars, in urban centers. The company was founded by Michael Spencer Richardson and David Brian Newman in September 2014 and is headquartered in New York, NY.

Companies with ret. on assets similar to DropCar

Achieve Life Sciences has Ret. on assets of -61.70%
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%