Max Services Ret. on assets
What is the Ret. on assets of Max Services?
The Ret. on assets of Max Financial Services Limited is 0.25%
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 NSE compared to Max Services
What does Max Services do?
Max Financial Services Limited, through its subsidiary, Max Life Insurance Company Limited, provides life insurance products in India. The company offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company also engages in the treasury investment activities. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.
Companies with ret. on assets similar to Max Services
- Redwood Trust has Ret. on assets of 0.24%
- Indo Thai Securities has Ret. on assets of 0.24%
- Tian Shan Development () has Ret. on assets of 0.25%
- Madison Covered Call & Equity Strategy Fund has Ret. on assets of 0.25%
- China Cinda Asset Management Co has Ret. on assets of 0.25%
- Nokian Renkaat Oyj has Ret. on assets of 0.25%
- Max Services has Ret. on assets of 0.25%
- NetSTREIT has Ret. on assets of 0.25%
- China Merchants Land has Ret. on assets of 0.25%
- HSBC Plc has Ret. on assets of 0.25%
- Phibro Animal Health has Ret. on assets of 0.25%
- O2i SA has Ret. on assets of 0.25%
- Bank of Maharashtra has Ret. on assets of 0.25%