The Ret. on assets of Trackwise Designs Plc is -0.64%
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.
Trackwise Designs plc designs, develops, manufactures, and sells printed circuit boards in the United Kingdom, Europe, and internationally. It offers microwave and radio frequency, short flex, flex rigid, and rigid multilayer printed circuit board products. The company's circuits are used in RF/antenna and lightweight interconnect products. Its products are used in telecommunications, aerospace, marine, medical, defense, space, scientific, industrial, security, and automotive sectors. Trackwise Designs plc was founded in 1989 and is based in Tewkesbury, the United Kingdom.