Æterna Zentaris Ret. on assets
What is the Ret. on assets of Æterna Zentaris?
The Ret. on assets of Æterna Zentaris, Inc. is -45.76%
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 TSX compared to Æterna Zentaris
What does Æterna Zentaris do?
Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing therapeutics and diagnostic tests. Its lead product is macimorelin, an orally available peptidomimetic ghrelin receptor (GHSR-1a) agonist that stimulates the secretion of growth hormone by binding to the GHSR-1a for the diagnosis of adult growth hormone deficiency and childhood-onset growth hormone deficiency, as well as oncology indications. The company markets macimorelin under the Macrilen brand name. Aeterna Zentaris Inc. has a license agreement with University Wuerzburg to research, develop, manufacture, and sell a potential COVID-19 vaccine; development, manufacture, and commercialization of the treatment for neuromyelitis optica spectrum disorder; and to develop human 3D intestinal tissue models to study infection biology; and for pre-clinical development towards the potential treatment of Parkinson's disease. It also has a license agreement with Consilient Health Ltd., Novo Nordisk Novo Nordisk Health Care AG, and NK MEDITECH Ltd. for the development and commercialization of macimorelin in the United States and Canada, as well as The University of Sheffield, the United Kingdom for the research, development, manufacture, and commercialization of parathyroid hormone fusion polypeptides for the treatment of primary hypoparathyroidism. Aeterna Zentaris Inc. was incorporated in 1990 and is headquartered in Summerville, South Carolina.
Companies with ret. on assets similar to Æterna Zentaris
- Olivut Resources has Ret. on assets of -45.81%
- Synaptogenix Inc has Ret. on assets of -45.81%
- Savara Inc has Ret. on assets of -45.79%
- Biodesix Inc has Ret. on assets of -45.78%
- Liquefied Natural Gas has Ret. on assets of -45.77%
- Liquefied Natural Gas has Ret. on assets of -45.77%
- Æterna Zentaris has Ret. on assets of -45.76%
- Lithium & Boron Technology has Ret. on assets of -45.75%
- Pucara Gold has Ret. on assets of -45.75%
- Pucara Gold has Ret. on assets of -45.75%
- Renaissance Gold has Ret. on assets of -45.74%
- Elio Motors has Ret. on assets of -45.74%
- Datametrex AI has Ret. on assets of -45.72%