Platform 9 Capital Ret. on assets
What is the Ret. on assets of Platform 9 Capital?
The Ret. on assets of Platform 9 Capital Corp. is -11.34%
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 Finance sector on TSXV compared to Platform 9 Capital
What does Platform 9 Capital do?
Platform 9 Capital Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to completing a qualifying transaction. The company was incorporated in 2018 and is headquartered in Toronto, Canada.
Companies with ret. on assets similar to Platform 9 Capital
- IDG Investment has Ret. on assets of -11.35%
- Toubani Resources has Ret. on assets of -11.35%
- African Gold has Ret. on assets of -11.35%
- Broadmark Realty Capital Inc has Ret. on assets of -11.35%
- WPX Inc has Ret. on assets of -11.34%
- Reco International has Ret. on assets of -11.34%
- Platform 9 Capital has Ret. on assets of -11.34%
- Mason Graphite has Ret. on assets of -11.34%
- Duketon Mining has Ret. on assets of -11.33%
- Prakash Constrowell has Ret. on assets of -11.33%
- Enochian Biosciences has Ret. on assets of -11.32%
- Enochian Biosciences has Ret. on assets of -11.32%
- Enochian Biosciences has Ret. on assets of -11.32%