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Axion Ventures Ret. on assets

What is the Ret. on assets of Axion Ventures?

The Ret. on assets of Axion Ventures, Inc. is -13.12%

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 Communication Services sector on TSXV compared to Axion Ventures

What does Axion Ventures do?

Axion Ventures Inc., an investment issuer, primarily focuses on investments in the online video gaming and other information technology sectors in China and internationally. It is involved in the game software development, game operation, provision of outsourcing services, software licensing, and software training businesses. The company was formerly known as Capstream Ventures Inc. and changed its name to Axion Ventures Inc. in March 2017. Axion Ventures Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.

Companies with ret. on assets similar to Axion Ventures