Apple Inc Ret. on assets
What is the Ret. on assets of Apple Inc?
The Ret. on assets of Apple Inc is 29.66%
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 Consumer Discretionary sector on NASDAQ compared to Apple Inc
What does Apple Inc do?
Apple Inc. is an American multinational technology company headquartered in Cupertino, California. Apple is the worlds largest technology company by revenue, with US$394.3 billion in 2022 revenue. As of March 2023, Apple is the worlds biggest company by market capitalization.
Companies with ret. on assets similar to Apple Inc
- Chelverton UK Dividend Trust Plc has Ret. on assets of 29.39%
- Edge Performance VCT 'H' has Ret. on assets of 29.42%
- Geopark has Ret. on assets of 29.46%
- Somero Enterprises has Ret. on assets of 29.51%
- Colgate-Palmolive (India) has Ret. on assets of 29.61%
- Novabase SGPS SA has Ret. on assets of 29.61%
- Apple Inc has Ret. on assets of 29.66%
- Bellring Brands Inc has Ret. on assets of 29.69%
- Procter & Gamble Hygiene and Health Care has Ret. on assets of 29.77%
- National Cinemedia Inc has Ret. on assets of 29.85%
- NCS Multistage Inc has Ret. on assets of 29.98%
- Green Plains Partners LP has Ret. on assets of 30.20%
- Agilysys, Inc has Ret. on assets of 30.20%