Yiren Digital Ltd Ret. on assets
What is the Ret. on assets of Yiren Digital Ltd?
The Ret. on assets of Yiren Digital Ltd is 11.14%
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 NYSE compared to Yiren Digital Ltd
What does Yiren Digital Ltd do?
yirendai (nyse: yrd) is a leading online consumer finance marketplace in china connecting investors and individual borrowers. the company provides an effective solution to address largely underserved investor and individual borrower demand in china through an online platform that automates key aspects of its operations to efficiently match borrowers with investors and execute loan transactions. yirendai deploys a proprietary risk management system, which enables the company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. yirendai's online marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns.
Companies with ret. on assets similar to Yiren Digital Ltd
- Northrop Grumman has Ret. on assets of 11.12%
- Hisar Metal Industries has Ret. on assets of 11.13%
- Fiem Industries has Ret. on assets of 11.13%
- Metropole Television S.A has Ret. on assets of 11.14%
- Tapestry has Ret. on assets of 11.14%
- SSY has Ret. on assets of 11.14%
- Yiren Digital Ltd has Ret. on assets of 11.14%
- SPL Industries has Ret. on assets of 11.15%
- AIXTRON SE has Ret. on assets of 11.15%
- Marksans Pharma has Ret. on assets of 11.15%
- Kennametal India has Ret. on assets of 11.15%
- Timeless Software has Ret. on assets of 11.16%
- Motorola Solutions Inc has Ret. on assets of 11.17%