Fonterra Shareholders Fund Ret. on assets
What is the Ret. on assets of Fonterra Shareholders Fund?
The Ret. on assets of Fonterra Shareholders Fund is -9.81%
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 Finance sector on ASX compared to Fonterra Shareholders Fund
What does Fonterra Shareholders Fund do?
Fonterra Shareholders Fund is a unit trust. The fund is based in Auckland, New Zealand.
Companies with ret. on assets similar to Fonterra Shareholders Fund
- Terra Tech has Ret. on assets of -9.85%
- Global Hemp has Ret. on assets of -9.85%
- Kodiak Copper has Ret. on assets of -9.84%
- MAX21 AG has Ret. on assets of -9.83%
- Resort Savers has Ret. on assets of -9.83%
- Solitario Zinc has Ret. on assets of -9.81%
- Fonterra Shareholders Fund has Ret. on assets of -9.81%
- Mauna Kea Technologies SA has Ret. on assets of -9.81%
- Linekong Interactive Co has Ret. on assets of -9.80%
- Predictive Discovery has Ret. on assets of -9.79%
- Neovacs S.A has Ret. on assets of -9.79%
- TRX Gold Corp has Ret. on assets of -9.79%
- Pfenex has Ret. on assets of -9.78%