Loop Industries, Inc.

NasdaqGM LOOP

Loop Industries, Inc. Return on Assets (ROA) for the year ending February 29, 2024: -102.60%

Loop Industries, Inc. Return on Assets (ROA) is -102.60% for the year ending February 29, 2024, a 1.88% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Loop Industries, Inc. Return on Assets (ROA) for the year ending February 28, 2023 was -104.57%, a -37.38% change year over year.
Loop Industries, Inc. Return on Assets (ROA) for the year ending February 28, 2022 was -76.11%, a 9.39% change year over year.
Loop Industries, Inc. Return on Assets (ROA) for the year ending February 28, 2021 was -84.00%, a -115.10% change year over year.
Loop Industries, Inc. Return on Assets (ROA) for the year ending February 29, 2020 was -39.05%, a 78.26% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NasdaqGM: LOOP

Loop Industries, Inc.

CEO	Mr. Daniel Solomita
IPO Date	Nov. 20, 2017
Location	Canada
Headquarters	480 Fernand-Poitras Terrebonne
Employees	50
Sector	Materials
Industries Plastics Chemicals & Advanced Materials Petrochemicals

Description

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.

Key trends

Past 5 years