Pareteum Corp Ret. on assets

What is the Ret. on assets of Pareteum Corp?

The Ret. on assets of Pareteum Corp is -45.19%

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 Communication Services sector on NASDAQ compared to Pareteum Corp

Companies with ret. on assets similar to Pareteum Corp

InMed Pharmaceuticals has Ret. on assets of -45.32%
InMed Pharmaceuticals has Ret. on assets of -45.31%
BlockchainK2 has Ret. on assets of -45.31%
Clever Leaves has Ret. on assets of -45.29%
Hi Crush Inc has Ret. on assets of -45.27%
NEXT Biometrics ASA has Ret. on assets of -45.24%
Pareteum Corp has Ret. on assets of -45.19%
Leaf Mobile has Ret. on assets of -45.17%
Aleafia Health Inc has Ret. on assets of -45.17%
RTG Mining has Ret. on assets of -45.15%
RTG Mining has Ret. on assets of -45.15%
Youth Champ has Ret. on assets of -45.15%
Digimarc has Ret. on assets of -45.14%