Indiva Ret. on assets
What is the Ret. on assets of Indiva?
The Ret. on assets of Indiva Ltd. is -11.85%
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 TSXV compared to Indiva
What does Indiva do?
Indiva Limited operates as a licensed producer of cannabis products in Canada. It creates premium pre-rolls, flower, capsules, and edible products, as well as provides production and manufacturing services to peer entities. The company produces and distributes the Bhang Chocolate, Wana Sour Gummies, Ruby Cannabis Sugar, Sapphire Cannabis Salt, Artisan Batch, and other powered by INDIVA products through license agreements and partnerships. Indiva Limited is based in Ottawa, Canada.
Companies with ret. on assets similar to Indiva
- Digital Landscape has Ret. on assets of -11.89%
- PF has Ret. on assets of -11.89%
- Simplex Castings has Ret. on assets of -11.88%
- Larry Jewelry International has Ret. on assets of -11.85%
- HLS Therapeutics has Ret. on assets of -11.85%
- OptiFreeze AB (publ) has Ret. on assets of -11.85%
- Indiva has Ret. on assets of -11.85%
- HKBridge has Ret. on assets of -11.84%
- Clarmin Explorations has Ret. on assets of -11.84%
- Codiak BioSciences has Ret. on assets of -11.83%
- Smartac China has Ret. on assets of -11.83%
- JPMorgan Emerging Markets Investment Trust Plc has Ret. on assets of -11.82%
- Alpine Immune Sciences Inc has Ret. on assets of -11.82%