TraceSafe Ret. on assets
What is the Ret. on assets of TraceSafe?
The Ret. on assets of TraceSafe Inc. is -31.55%
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 Technology sector on OTC compared to TraceSafe
What does TraceSafe do?
TraceSafe Inc. provides a suite of real-time location management services and contact tracing solutions enabled through Bluetooth beacons and enterprise cloud management in the British Virgin Islands, Japan, and internationally. Its cloud management solution ensures user privacy and administrative control. The company's patented contact tracing bracelet deploys in mission-critical quarantine applications in partnership with governments. It also engages in the development of solutions for enterprise, healthcare, education, government, and large-scale venue management. The company was formerly known as Blockchain Holdings Ltd. and changed its name to TraceSafe Inc. in June 2020. TraceSafe Inc. is headquartered in Road Town, the British Virgin Islands.
Companies with ret. on assets similar to TraceSafe
- Echo Plc has Ret. on assets of -31.62%
- Surefire Resources NL has Ret. on assets of -31.62%
- Mmtec has Ret. on assets of -31.60%
- Searchlight Resources has Ret. on assets of -31.57%
- Brixton Metals has Ret. on assets of -31.56%
- China U-Ton has Ret. on assets of -31.55%
- TraceSafe has Ret. on assets of -31.55%
- QuantumScape has Ret. on assets of -31.55%
- Harborside has Ret. on assets of -31.55%
- Jabbo Capital has Ret. on assets of -31.55%
- Propellus has Ret. on assets of -31.54%
- MDxHealth SA has Ret. on assets of -31.54%
- Maple Gold Mines has Ret. on assets of -31.53%