Reliance Communications Ret. on assets
What is the Ret. on assets of Reliance Communications?
The Ret. on assets of Reliance Communications Limited is -0.57%
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 Communication Services sector on BSE compared to Reliance Communications
What does Reliance Communications do?
Reliance Communications Limited provides enterprise voice, data, video, and IT infrastructure solutions to enterprises, over-the-top (OTT) players, and network operators in India and internationally. It offers business Internet, network, cloud networking, data center, enterprise voice, cloud telephony, and access number services; and collaboration services, which include audio and Web conferencing, as well as voice and various value-added wholesaling services for carriers and service providers. The company also builds, owns, and operates telecommunication towers, optic fiber cable assets, and related assets. In addition, it offers infrastructure and connectivity, and managed services. The company was formerly known as Reliance Communication Ventures Limited and changed its name to Reliance Communications Limited in June 2006. Reliance Communications Limited was incorporated in 2004 and is based in Navi Mumbai, India.
Companies with ret. on assets similar to Reliance Communications
- Richly Field China Development has Ret. on assets of -0.57%
- AdVini S.A has Ret. on assets of -0.57%
- Fresh Del Monte Produce Inc has Ret. on assets of -0.57%
- Dixie has Ret. on assets of -0.57%
- Lincoln National has Ret. on assets of -0.57%
- Uniti Inc has Ret. on assets of -0.57%
- Reliance Communications has Ret. on assets of -0.57%
- Encres Dubuit SA has Ret. on assets of -0.57%
- Shaw Brothers has Ret. on assets of -0.57%
- Points.com Inc has Ret. on assets of -0.57%
- 1-800 Flowers.com has Ret. on assets of -0.57%
- Majedie Investments Plc has Ret. on assets of -0.56%
- Nine Dragons Paper () has Ret. on assets of -0.56%