Touchpoint Ret. on assets
What is the Ret. on assets of Touchpoint?
The Ret. on assets of Touchpoint Group Holdings, Inc. is -377.41%
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 NYSE compared to Touchpoint
What does Touchpoint do?
Touchpoint Group Holdings, Inc., through its subsidiaries, operates as a software development company in the United States, Hong Kong, China, and the United Kingdom. The company engages in the software development, design, integration, support, and maintenance services of a robust fan engagement platform that enhances fan experience and drives commercial aspects of the sport and entertainment business. Its fan engagement platform also brings users closer to the action by enabling them to engage with clubs, favorite players, peers, and relevant brands through various features, including live streaming, access to limited edition merchandise, gamification, user rewards, third party branded offers, credit cards, and related benefits. The company was formerly known as One Horizon Group, Inc. and changed its name to Touchpoint Group Holdings, Inc. in September 2019. Touchpoint Group Holdings, Inc. was incorporated in 1972 and is based in Miami, Florida.
Companies with ret. on assets similar to Touchpoint
- Canuc Resources has Ret. on assets of -390.76%
- Evrim Resources has Ret. on assets of -388.71%
- European Cobalt has Ret. on assets of -388.14%
- Eastower Wireless Inc has Ret. on assets of -381.77%
- GIB Capital has Ret. on assets of -381.36%
- Mobivity has Ret. on assets of -380.43%
- Touchpoint has Ret. on assets of -377.41%
- NexOptic Technology has Ret. on assets of -374.13%
- Fourth Wave has Ret. on assets of -373.32%
- Perk Labs has Ret. on assets of -372.90%
- Esports Entertainment has Ret. on assets of -372.46%
- Napier Ventures has Ret. on assets of -371.96%
- Audio Pixels has Ret. on assets of -370.56%