Piedmont Lithium Inc Ret. on assets
What is the Ret. on assets of Piedmont Lithium Inc?
The Ret. on assets of Piedmont Lithium Inc is -13.31%
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 Materials sector on NASDAQ compared to Piedmont Lithium Inc
What does Piedmont Lithium Inc do?
Piedmont Lithium, Inc. is engaged in building a multi-asset, integrated lithium business which provides lithium hydroxide, a critical material, to the electric vehicle and battery manufacturing supply chains in the United States to support the creation of a clean energy economy in North America.
Companies with ret. on assets similar to Piedmont Lithium Inc
- Barings Emerging EMEA Opportunities PLC has Ret. on assets of -13.33%
- Baring Emerging Europe Plc has Ret. on assets of -13.33%
- American Resources has Ret. on assets of -13.32%
- Orthofix Medical Inc has Ret. on assets of -13.32%
- Helios has Ret. on assets of -13.31%
- International Parkside Products has Ret. on assets of -13.31%
- Piedmont Lithium Inc has Ret. on assets of -13.31%
- INTOSOL PLC has Ret. on assets of -13.30%
- The Lion Electric has Ret. on assets of -13.29%
- Shirble Department Store (China) has Ret. on assets of -13.29%
- Henderson Far East Income has Ret. on assets of -13.28%
- Vector Resources has Ret. on assets of -13.28%
- Shanghai Jiaoda Withub Information Industrial has Ret. on assets of -13.27%