Workhorse Ret. on assets
What is the Ret. on assets of Workhorse?
The Ret. on assets of Workhorse Group Inc. is -35.44%
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 Miscellaneous sector on LSE compared to Workhorse
What does Workhorse do?
Workhorse Group Inc., a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft in the United States. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. It offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.
Companies with ret. on assets similar to Workhorse
- Sweet Earth has Ret. on assets of -35.56%
- Tisdale Clean has Ret. on assets of -35.56%
- uniQure N.V has Ret. on assets of -35.54%
- Tethyan Resource Corp has Ret. on assets of -35.53%
- TransAtlantic Petroleum Ltd has Ret. on assets of -35.47%
- Greater China has Ret. on assets of -35.47%
- Workhorse has Ret. on assets of -35.44%
- A1 Investments & Resources Ltd has Ret. on assets of -35.43%
- Element Lifestyle Retirement has Ret. on assets of -35.42%
- Arcadia Biosciences Inc has Ret. on assets of -35.42%
- Intiger has Ret. on assets of -35.41%
- MDJM has Ret. on assets of -35.40%
- Reeds Inc has Ret. on assets of -35.35%