Mortgage Choice Ret. on assets
What is the Ret. on assets of Mortgage Choice?
The Ret. on assets of Mortgage Choice Limited is 2.10%
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 ASX compared to Mortgage Choice
What does Mortgage Choice do?
Mortgage Choice Limited provides mortgage broking services in Australia. It operates through two segments, Mortgage Choice Franchised Mortgage Broking and Mortgage Choice's Financial Planning Arm. The company offers assistance in determining the borrowing capacities of residential mortgage borrowers; and assessment of a range of home loans products, as well as submits loan applications on behalf of borrowers. It also provides assistance with car loans, equipment finance, general insurance, and personal loans to support personal and home pursuits and/or consolidate debts; and financial planning services. In addition, the company offers life, mortgage and income protection, car, home building and contents, lenders mortgage, and landlord insurance products. It provides loan origination services through its franchise network. The company was founded in 1992 and is headquartered in North Sydney, Australia.
Companies with ret. on assets similar to Mortgage Choice
- Braskem S.A has Ret. on assets of 2.10%
- MGM Growth Properties has Ret. on assets of 2.10%
- BlackRock Municipal Bond Trust has Ret. on assets of 2.10%
- Irish Residential Properties REIT Plc has Ret. on assets of 2.10%
- MyHammer AG has Ret. on assets of 2.10%
- Corteva Inc has Ret. on assets of 2.10%
- Mortgage Choice has Ret. on assets of 2.10%
- Sartor.Sted.B. Eo ,20 has Ret. on assets of 2.10%
- Clariant Chemicals (India) has Ret. on assets of 2.10%
- Bank OZK has Ret. on assets of 2.10%
- Datto has Ret. on assets of 2.10%
- Neuberger Berman Municipal Fund Inc has Ret. on assets of 2.11%
- Loyal Textile Mills has Ret. on assets of 2.11%