Audinate Ret. on assets
What is the Ret. on assets of Audinate?
The Ret. on assets of Audinate Group Limited is 10.96%
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 Technology sector on ASX compared to Audinate
What does Audinate do?
Audinate Group Limited develops and sells digital audio visual (AV) networking solutions worldwide. The company provides Dante, a technology platform that distributes digital audio and video signals over computer networks to original equipment manufacturers. It offers software products, such as Dante Controller, a real-time network monitoring device; Dante Virtual Soundcard that provides access to various audio devices on the network; Dante Via, a software that delivers multi-channel routing of computer-based audio; and Dante Domain Manager, as well as Dante AVIO adapter, an audio networking solution. The company also provides Dante-enabled products; and various products to develop networked AV products, including chips and modules, IP Core, Dante application library, and reference designs. The company was founded in 2003 and is headquartered in Surry Hills, Australia.
Companies with ret. on assets similar to Audinate
- Amadeus IT SA has Ret. on assets of 10.94%
- Nagarro SE has Ret. on assets of 10.94%
- Minto Apartment Real Estate Investment Trust has Ret. on assets of 10.94%
- Transport of India has Ret. on assets of 10.95%
- PS Business Parks has Ret. on assets of 10.96%
- Foraco International SA has Ret. on assets of 10.96%
- Audinate has Ret. on assets of 10.96%
- ASE Technology Co.Ltd has Ret. on assets of 10.96%
- The Quarto has Ret. on assets of 10.96%
- X4 Pharmaceuticals has Ret. on assets of 10.96%
- HK Asia has Ret. on assets of 10.96%
- Mustera Property has Ret. on assets of 10.97%
- EVS Broadcast Equipment SA has Ret. on assets of 10.97%