Ecopetrol SA Ret. on assets
What is the Ret. on assets of Ecopetrol SA?
The Ret. on assets of Ecopetrol SA is 14.31%
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 Energy sector on NYSE compared to Ecopetrol SA
What does Ecopetrol SA do?
Ecopetrol, formerly known as Empresa Colombiana de Petróleos S.A. is the largest and primary petroleum company in Colombia.
Companies with ret. on assets similar to Ecopetrol SA
- Dynacor Gold Mines has Ret. on assets of 14.28%
- CanadaBis Capital has Ret. on assets of 14.29%
- West Pharmaceutical Services has Ret. on assets of 14.31%
- Immersion Corp has Ret. on assets of 14.31%
- Pharos plc has Ret. on assets of 14.31%
- Nintendo Co has Ret. on assets of 14.31%
- Ecopetrol SA has Ret. on assets of 14.31%
- Performance Shipping Inc has Ret. on assets of 14.32%
- DoubleDown Interactive Co has Ret. on assets of 14.33%
- Maan Aluminium has Ret. on assets of 14.35%
- Kontoor Brands has Ret. on assets of 14.36%
- Canfor has Ret. on assets of 14.37%
- Timken India has Ret. on assets of 14.38%