Bancolombia S.A Ret. on assets
What is the Ret. on assets of Bancolombia S.A?
The Ret. on assets of Bancolombia S.A. is 2.25%
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 NYSE compared to Bancolombia S.A
What does Bancolombia S.A do?
Bancolombia S.A. is a full-service financial institution that provides financial products and services in Colombia, Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala. Bancolombia is one of the six banking-related companies of the COLCAP index.
Companies with ret. on assets similar to Bancolombia S.A
- Kelly Partners has Ret. on assets of 2.25%
- Indus Gas has Ret. on assets of 2.25%
- Chongqing Machinery & Electric Co has Ret. on assets of 2.25%
- Apollo Senior Floating Rate Fund Inc has Ret. on assets of 2.25%
- James Cropper PLC has Ret. on assets of 2.25%
- Fortis has Ret. on assets of 2.25%
- Bancolombia S.A has Ret. on assets of 2.25%
- L.B. Foster Co has Ret. on assets of 2.25%
- AVIC International (HK) has Ret. on assets of 2.25%
- AksharChem (India) has Ret. on assets of 2.26%
- First Trust-abrdn Emerging Opportunity Fund has Ret. on assets of 2.26%
- Shalimar Wires Industries has Ret. on assets of 2.26%
- Veritas (India) has Ret. on assets of 2.26%