NetMed Ret. on assets
What is the Ret. on assets of NetMed?
The Ret. on assets of NetMed, Inc. is -16.52%
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 Finance sector on OTC compared to NetMed
What does NetMed do?
Netmed, Inc. did not have any significant operations, as of December 31, 2001. It is evaluating other business opportunities, as of that date. Previously, the company was engaged in the research and development activities associated with a proprietary ceramic-based technology for separation of oxygen from ambient air and other gases. The company was founded in 1989 and is based in Columbus, Ohio.
Companies with ret. on assets similar to NetMed
- Clean Seas Seafood has Ret. on assets of -16.55%
- Rua Life Sciences Plc has Ret. on assets of -16.54%
- Horseshoe Metals has Ret. on assets of -16.53%
- Jericho Oil has Ret. on assets of -16.53%
- Jericho Ventures has Ret. on assets of -16.53%
- Jericho Oil has Ret. on assets of -16.53%
- NetMed has Ret. on assets of -16.52%
- KushCo has Ret. on assets of -16.51%
- Vislink Technologies Inc has Ret. on assets of -16.50%
- Select Sands has Ret. on assets of -16.50%
- CURO Corp has Ret. on assets of -16.50%
- Red Sky has Ret. on assets of -16.49%
- JY Grandmark has Ret. on assets of -16.49%