SoftBank Ret. on assets
What is the Ret. on assets of SoftBank?
The Ret. on assets of SoftBank Group Corp. is -4.66%
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 Miscellaneous sector on LSE compared to SoftBank
What does SoftBank do?
SoftBank Group Corp. provides telecommunication services in Japan and internationally. The company operates through four segments: Investment Business of Holding Companies; SoftBank Vision Fund and Other SBIA-Managed Funds; SoftBank; and Arm. It offers mobile communications, broadband, and fixed-line communications services; and sells mobile devices. The company is also involved in internet advertising marketing, online advertising distribution, e-book distribution, investment, and planning and operation of a fashion e-commerce website; and designs and develops mobile robots. In addition, it designs microprocessor intellectual property and related technology; sells software tools; and generates, supplies, and sells electricity from renewable energy sources, as well as offers related services. Further, the company provides investment management and marketing services, smartphone payment services, PC software downloads, banking services, and solutions and services for online businesses; distributes video, voice, and data content; manufactures, distributes, and sells IT-related products, as well as IT-related services; and manages funds. The company operates a professional baseball team, as well as manages and maintains baseball stadium and other sports facilities; and operates ITmedia, an IT information site. It also operates the fashion online shopping website ZOZOTOWN. The company was formerly known as SoftBank Corp. and changed its name to SoftBank Group Corp. in July 2015. SoftBank Group Corp. was incorporated in 1981 and is headquartered in Tokyo, Japan.
Companies with ret. on assets similar to SoftBank
- Kinross Gold has Ret. on assets of -4.67%
- Osisko Gold Royalties has Ret. on assets of -4.67%
- Unisplendour Technology () has Ret. on assets of -4.66%
- Project Angel Parent has Ret. on assets of -4.66%
- Devine has Ret. on assets of -4.66%
- Tern Plc has Ret. on assets of -4.66%
- SoftBank has Ret. on assets of -4.66%
- Hudson Executive Investment has Ret. on assets of -4.66%
- John Hancock Preferred Income Fund has Ret. on assets of -4.66%
- Valencia Capital has Ret. on assets of -4.65%
- Baumart has Ret. on assets of -4.65%
- Glatfelter has Ret. on assets of -4.65%
- Miko International has Ret. on assets of -4.65%