Argen X SE Ret. on assets

What is the Ret. on assets of Argen X SE?

The Ret. on assets of Argen X SE is -16.49%

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 Health Care sector on NASDAQ compared to Argen X SE

What does Argen X SE do?

Argenx is a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases and cancer.

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