Guided Therapeutics Ret. on assets
What is the Ret. on assets of Guided Therapeutics?
The Ret. on assets of Guided Therapeutics, Inc. is -62.78%
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 OTC compared to Guided Therapeutics
What does Guided Therapeutics do?
Guided Therapeutics, Inc., a medical technology company, focuses on developing medical devices. It focuses on the commercialization of LuViva, a non-invasive cervical cancer detection device that identifies cervical cancers and precancers painlessly, non-invasively, and at the point-of-care by scanning the cervix with light, then analyzing the light reflected and fluorescent light. The company was formerly known as SpectRx, Inc. and changed its name to Guided Therapeutics, Inc. in February 2008. Guided Therapeutics, Inc. was incorporated in 1992 and is based in Norcross, Georgia.
Companies with ret. on assets similar to Guided Therapeutics
- PyroGenesis Canada has Ret. on assets of -62.94%
- 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%