Ceres Acquisition Ret. on assets
What is the Ret. on assets of Ceres Acquisition?
The Ret. on assets of Ceres Acquisition Corp. is 14.70%
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 OTC compared to Ceres Acquisition
What does Ceres Acquisition do?
Ceres Acquisition Corp. does not have significant operations. It focuses on identifying and evaluating opportunities for the acquisition of assets or business with a view to completing a qualifying transaction. The company intends to identify business opportunities in the field of the cannabis industry. Ceres Acquisition Corp. was incorporated in 2020 and is headquartered in Los Angeles, California.
Companies with ret. on assets similar to Ceres Acquisition
- Potbelly Corp has Ret. on assets of 14.68%
- Expeditors International Of Washington has Ret. on assets of 14.68%
- Rational AG has Ret. on assets of 14.69%
- Dawnrays Pharmaceutical () has Ret. on assets of 14.69%
- Tata Teleservices (Maharashtra) has Ret. on assets of 14.69%
- Majestic Research Services and Solutions has Ret. on assets of 14.69%
- Ceres Acquisition has Ret. on assets of 14.70%
- D.R. Horton has Ret. on assets of 14.71%
- Advanced Share Registry has Ret. on assets of 14.71%
- Vinyl Chemicals (India) has Ret. on assets of 14.71%
- Mahanagar Gas has Ret. on assets of 14.72%
- A. O. Smith has Ret. on assets of 14.72%
- Topsports International has Ret. on assets of 14.73%