Akoustis Technologies Inc Ret. on assets
What is the Ret. on assets of Akoustis Technologies Inc?
The Ret. on assets of Akoustis Technologies Inc is -62.72%
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 Technology sector on NASDAQ compared to Akoustis Technologies Inc
What does Akoustis Technologies Inc do?
founded in 2014 by experienced industry leaders and scientists from university of california at santa barbara (ucsb) and cornell university, akoustis’ mission is to commercialize and manufacture its patent-pending bulk one™ acoustic wave technology to address the critical frequency-selectivity requirements in today’s mobile smartphones – improving the efficiency and signal quality of mobile wireless devices and enabling the internet of things. the bulk acoustic wave (baw) filter market is rapidly expanding, driven by growth in 4g/lte and the number of filters required per device. nearly 2 billion mobile phones are manufactured per year, and over half are in the growing segment of high-end smartphones. because these smartphones need to operate globally, on more than one carrier, and with bands that are becoming ever-closer together, the need for higher-performance filters is upon us to ensure mobile compatibility. 4g/lte networks are driving the need for higher frequencies, and traditio
Companies with ret. on assets similar to Akoustis Technologies Inc
- PyroGenesis Canada has Ret. on assets of -62.94%
- Livehire has Ret. on assets of -62.91%
- Bunker Hill Mining has Ret. on assets of -62.86%
- Soliton has Ret. on assets of -62.84%
- Akso Health has Ret. on assets of -62.78%
- Guided Therapeutics has Ret. on assets of -62.78%
- Akoustis Technologies Inc has Ret. on assets of -62.72%
- Sunworks Inc has Ret. on assets of -62.61%
- S2 Resources Ltd has Ret. on assets of -62.59%
- Gespeg Resources has Ret. on assets of -62.59%
- Cvw Cleantech Inc has Ret. on assets of -62.56%
- Kanadario Gold has Ret. on assets of -62.50%
- Black Iron has Ret. on assets of -62.44%