RIT Capital Partners Plc Ret. on assets
What is the Ret. on assets of RIT Capital Partners Plc?
The Ret. on assets of RIT Capital Partners Plc is -5.55%
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 Finance sector on LSE compared to RIT Capital Partners Plc
What does RIT Capital Partners Plc do?
RIT Capital Partners plc is a self-managed investment trust. The firm invests in the public equity and currency markets across the globe. It also invests in private investments and equity funds. The firm benchmarks the performance of its portfolio against the RPI plus 3% and MSCI All Country World Index (50% Sterling). It employs a top-down approach to make its investments. The firm makes its investments in companies operating across diversified sectors. RIT Capital Partners plc was founded on August 1, 1988 and is based in London, United Kingdom.
Companies with ret. on assets similar to RIT Capital Partners Plc
- China Star Entertainment has Ret. on assets of -5.56%
- South32 has Ret. on assets of -5.56%
- South32 has Ret. on assets of -5.56%
- South32 has Ret. on assets of -5.56%
- Fortis Malar Hospitals has Ret. on assets of -5.56%
- Henderson Diversified Income Trust Plc has Ret. on assets of -5.55%
- RIT Capital Partners Plc has Ret. on assets of -5.55%
- Magen Ventures I Inc has Ret. on assets of -5.55%
- Stobart has Ret. on assets of -5.55%
- First Quantum Minerals has Ret. on assets of -5.54%
- First Quantum Minerals has Ret. on assets of -5.54%
- BlackRock Smaller Cos. Trust Plc has Ret. on assets of -5.54%
- Canadian Spirit Resources has Ret. on assets of -5.54%