Integrated Rail and Resources Acquisition Ret. on assets
What is the Ret. on assets of Integrated Rail and Resources Acquisition?
The Ret. on assets of Integrated Rail and Resources Acquisition Corp. is -0.15%
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 Integrated Rail and Resources Acquisition
What does Integrated Rail and Resources Acquisition do?
Integrated Rail and Resources Acquisition Corp. intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in railroad companies. The company was incorporated in 2021 and is based in Fort Worth, Texas.
Companies with ret. on assets similar to Integrated Rail and Resources Acquisition
- Goenka Diamond and Jewels has Ret. on assets of -0.15%
- Great Canadian Gaming has Ret. on assets of -0.15%
- Chorus has Ret. on assets of -0.15%
- Chorus has Ret. on assets of -0.15%
- OC Oerlikon AG has Ret. on assets of -0.15%
- Belgian Resources and Capital has Ret. on assets of -0.15%
- Integrated Rail and Resources Acquisition has Ret. on assets of -0.15%
- Transfer Operating, L.P has Ret. on assets of -0.15%
- New Century Hong Kong has Ret. on assets of -0.15%
- American International Inc has Ret. on assets of -0.14%
- Union Acquisition Corp II has Ret. on assets of -0.14%
- Union Acquisition Corp II has Ret. on assets of -0.14%
- Texmaco Infrastructure & has Ret. on assets of -0.14%