Syncora Ret. on assets

What is the Ret. on assets of Syncora?

The Ret. on assets of Syncora Holdings Ltd. is -0.98%

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 Syncora

What does Syncora do?

SHL Holdings Ltd. does not have significant operations. It was previously engaged in the provision of financial guarantee insurance and reinsurance, and credit enhancement for the obligations of debt issuers. The company was formerly known as Syncora Holdings Ltd. and changed its name to SHL Holdings Ltd. in December 2020. SHL Holdings Ltd. was founded in 2006 and is headquartered in Hamilton, Bermuda.

Companies with ret. on assets similar to Syncora

JD Health International has Ret. on assets of -0.99%
TRF has Ret. on assets of -0.99%
Talent Property has Ret. on assets of -0.99%
Wang Yang has Ret. on assets of -0.99%
The PAS has Ret. on assets of -0.99%
Wockhardt has Ret. on assets of -0.99%
Syncora has Ret. on assets of -0.98%
Compagnie de Chemins de Fer Departementaux Societe Anonyme has Ret. on assets of -0.98%
NEXTDC has Ret. on assets of -0.98%
Costain Plc has Ret. on assets of -0.98%
China Shengmu Organic Milk has Ret. on assets of -0.98%
AvePoint Inc has Ret. on assets of -0.98%
Pure Minerals has Ret. on assets of -0.98%