Delta 9 Cannabis Ret. on assets
What is the Ret. on assets of Delta 9 Cannabis?
The Ret. on assets of Delta 9 Cannabis Inc. is -21.37%
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 Health Care sector on TSX compared to Delta 9 Cannabis
What does Delta 9 Cannabis do?
Delta 9 Cannabis Inc. operates as an integrated cannabis company. The company, through its subsidiary, Delta 9 Bio-Tech Inc., engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis and related merchandise and devices. As of August 24, 2021, it owned and operated 13 retail stores under the Delta 9 brand name. Delta 9 Cannabis Inc. was founded in 2012 and is headquartered in Winnipeg, Canada.
Companies with ret. on assets similar to Delta 9 Cannabis
- Kerr Mines has Ret. on assets of -21.40%
- Kerr Mines has Ret. on assets of -21.40%
- Helical plc has Ret. on assets of -21.39%
- Sumo Logic has Ret. on assets of -21.39%
- Total Brain has Ret. on assets of -21.39%
- Stemcell United has Ret. on assets of -21.38%
- Delta 9 Cannabis has Ret. on assets of -21.37%
- Non-Standard Finance plc has Ret. on assets of -21.35%
- Fountainhall Capital Corp has Ret. on assets of -21.35%
- Nfon Ag has Ret. on assets of -21.35%
- MTS Systems has Ret. on assets of -21.35%
- First Light Capital Corp has Ret. on assets of -21.34%
- Rosier SA has Ret. on assets of -21.33%