Japara Healthcare Ret. on assets
What is the Ret. on assets of Japara Healthcare?
The Ret. on assets of Japara Healthcare Limited is -1.44%
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 Health Care sector on ASX compared to Japara Healthcare
What does Japara Healthcare do?
Japara Healthcare Limited, together with its subsidiaries, owns, develops, and operates residential aged care homes in Australia. It operates approximately 4,400 resident places across 51 homes located in Victoria, New South Wales, Queensland, South Australia, and Tasmania; and 180 independent living units across 5 retirement villages. The company was founded in 2005 and is based in Southbank, Australia.
Companies with ret. on assets similar to Japara Healthcare
- DSP has Ret. on assets of -1.44%
- 8i Enterprises Acquisition has Ret. on assets of -1.44%
- HL Acquisitions has Ret. on assets of -1.44%
- Evershine has Ret. on assets of -1.44%
- Massimo Zanetti Beverage S.p.A has Ret. on assets of -1.44%
- Aksh Optifibre has Ret. on assets of -1.44%
- Japara Healthcare has Ret. on assets of -1.44%
- Fiesta Restaurant Inc has Ret. on assets of -1.43%
- Goldstone Resources has Ret. on assets of -1.43%
- Rakuten has Ret. on assets of -1.43%
- Goodtech ASA has Ret. on assets of -1.43%
- The Peria Karamalai Tea and Produce has Ret. on assets of -1.43%
- Athene has Ret. on assets of -1.43%