Volatus Aerospace Corp Ret. on equity
What is the Ret. on equity of Volatus Aerospace Corp?
The Ret. on equity of Volatus Aerospace Corp is -100.05%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Industrials sector on TSXV compared to Volatus Aerospace Corp
What does Volatus Aerospace Corp do?
Volatus Aerospace Corp. designs, manufactures, and certifies remotely piloted aircraft systems (RPAS) for VLOS and BVLOS operations in Canada, the United States, South America, and Latin America. The company offers fixed-wing RPAS, RPAS with modifications for custom applications, and drone solutions. It offers Drone-as-a-Service solutions for data acquisition, processing, and management in crop management, infrastructure inspection, survey mapping, and surveillance applications. The company also provides training for Transport Canada and FAA drone pilot certifications; and professional drone support services and RPAS training throughout the Maritimes and beyond. Its professional development courses include technical and operations training for equipment, standard operating procedures, industry-specific technology and applications, geographic information systems, data management and processing, and specific training for operations beyond visual light of sight. The company serves clients in agriculture, infrastructure, and forestry industries. Volatus Aerospace Corp. was incorporated in 2019 and is headquartered in Pointe-Claire, Canada.
Companies with ret. on equity similar to Volatus Aerospace Corp
- Resort Savers has Ret. on equity of -100.45%
- Beaver () has Ret. on equity of -100.32%
- Sculptor Acquisition Corp I has Ret. on equity of -100.18%
- Moleculin Biotech Inc has Ret. on equity of -100.16%
- Probe Metals has Ret. on equity of -100.14%
- LSL Property Services Plc has Ret. on equity of -100.11%
- Volatus Aerospace Corp has Ret. on equity of -100.05%
- CropLogic has Ret. on equity of -100.00%
- GSE Systems has Ret. on equity of -100.00%
- Cynata Therapeutics has Ret. on equity of -99.95%
- Verona Pharma plc has Ret. on equity of -99.94%
- Lekoil has Ret. on equity of -99.91%
- Berkwood Resources has Ret. on equity of -99.83%