Ardent Leisure Ret. on assets
What is the Ret. on assets of Ardent Leisure?
The Ret. on assets of Ardent Leisure Group Limited is -1.92%
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 ASX compared to Ardent Leisure
What does Ardent Leisure do?
Ardent Leisure Group Limited owns and operates leisure and entertainment assets in Australia and the United States. The company operates in Main Event and Theme Parks segments. It operates 44 main event sites in Texas, Arizona, Georgia, Illinois, Kentucky, Missouri, New Mexico, Ohio, Oklahoma, Kansas, Florida, Tennessee, Maryland, Delaware, Colorado, and Louisiana, as well as Dreamworld and WhiteWater World in Coomera, Queensland; and the SkyPoint observation deck and climb in Surfers Paradise, Queensland. The company was incorporated in 2018 and is based in North Sydney, Australia.
Companies with ret. on assets similar to Ardent Leisure
- Jayant Agro-Organics has Ret. on assets of -1.93%
- MBL Infrastructures has Ret. on assets of -1.93%
- GreenVision Acquisition Corp has Ret. on assets of -1.93%
- West Kirkland Mining has Ret. on assets of -1.93%
- Marshall Motor Plc has Ret. on assets of -1.93%
- Tessco Technologies has Ret. on assets of -1.92%
- Ardent Leisure has Ret. on assets of -1.92%
- CFOAM has Ret. on assets of -1.92%
- Zscaler Inc has Ret. on assets of -1.91%
- Queste Communications Ltd has Ret. on assets of -1.91%
- Unibail-Rodamco-Westfield has Ret. on assets of -1.91%
- Unibail-Rodamco-Westfield SE has Ret. on assets of -1.91%
- China Sandi has Ret. on assets of -1.91%