Banco Macro S.A Ret. on assets
What is the Ret. on assets of Banco Macro S.A?
The Ret. on assets of Banco Macro S.A. is 2.45%
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 NYSE compared to Banco Macro S.A
What does Banco Macro S.A do?
Banco Macro is the second largest domestically-owned private bank in Argentina, and the sixth-largest by deposits and lending.
Companies with ret. on assets similar to Banco Macro S.A
- Rifco has Ret. on assets of 2.44%
- Rural Electrification has Ret. on assets of 2.44%
- China Overseas Land & Investment has Ret. on assets of 2.44%
- Equinix, (REIT) has Ret. on assets of 2.45%
- Helios Towers PLC has Ret. on assets of 2.45%
- Ryerson has Ret. on assets of 2.45%
- Banco Macro S.A has Ret. on assets of 2.45%
- Heritage Insurance has Ret. on assets of 2.45%
- Paisalo Digital has Ret. on assets of 2.45%
- Universal Medical & Technical Advisory Services has Ret. on assets of 2.45%
- Fleetwood has Ret. on assets of 2.45%
- Arkema SA has Ret. on assets of 2.45%
- Arkema SA has Ret. on assets of 2.45%