As of June 21, 2025, Plastic2Oil Inc (PTOI) reports a ROA (Return on Assets) of -349.10%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Plastic2Oil Inc's ROA (Return on Assets)
Over recent years, Plastic2Oil Inc's ROA (Return on Assets) has shown a stable trend. The table below summarizes the historical values:
Date | ROA (Return on Assets) |
---|---|
2018-12-31 | -349.10% |
2017-12-31 | -80.94% |
2016-12-31 | -250.49% |
2015-12-31 | -80.17% |
2014-12-31 | -97.32% |
This slight downward trend highlights how Plastic2Oil Inc manages its efficiency in using assets to generate earnings over time.
Comparing Plastic2Oil Inc's ROA (Return on Assets) to Peers
To better understand Plastic2Oil Inc's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
Company | ROA (Return on Assets) |
---|---|
Plastic2Oil Inc (PTOI) | -349.10% |
Cardinal Ethanol LLC (CRDE) | 29.99% |
Granite Falls Energy LLC (GFGY) | 16.30% |
China Clean Energy Inc (CCGY) | 12.23% |
Renewable Energy Group Inc (REGI) | 8.36% |
REX American Resources Corp (REX) | 8.08% |
Compared to its competitors, Plastic2Oil Inc's ROA (Return on Assets) is among the lowest compared to peers, suggesting potential inefficiency in asset utilization.