POSCO Inc Ret. on assets
What is the Ret. on assets of POSCO Inc?
The Ret. on assets of POSCO Holdings Inc is 5.43%
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 Materials sector on NYSE compared to POSCO Inc
What does POSCO Inc do?
POSCO is a South Korean steel-making company headquartered in Pohang, South Korea.
Companies with ret. on assets similar to POSCO Inc
- Loblaw Cos has Ret. on assets of 5.43%
- China Wan Tong Yuan () has Ret. on assets of 5.43%
- Sterling Consolidated has Ret. on assets of 5.43%
- Bright Smart Securities & Commodities has Ret. on assets of 5.43%
- Divyashakti Granites has Ret. on assets of 5.43%
- Village Super Market has Ret. on assets of 5.43%
- POSCO Inc has Ret. on assets of 5.43%
- Embotelladora Andina S.A has Ret. on assets of 5.43%
- LPA Plc has Ret. on assets of 5.43%
- Dine Brands Global Inc has Ret. on assets of 5.43%
- IFB Agro Industries has Ret. on assets of 5.43%
- Shivalik Bimetal Controls has Ret. on assets of 5.43%
- Hitachi has Ret. on assets of 5.43%