Return On Asset AnalysisReturn on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
About Return On AssetReturn on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on latest financial disclosure DigitalTown has Return On Asset of 0.0%. This is 100.0% lower than that of the Technology sector, and about the same as Business Services (which currently averages 0.0) industry, The Return On Asset for all stocks is 100.0% lower than the firm.