Tyro Payments Ret. on assets
What is the Ret. on assets of Tyro Payments?
The Ret. on assets of Tyro Payments Limited is 2.29%
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 Technology sector on ASX compared to Tyro Payments
What does Tyro Payments do?
Tyro Payments Limited provides payment solutions to merchants in Australia. The company operates through Payments and Banking segments. It offers electronic funds transfer at point of sale (EFTPOS) solutions, business loans, and banking products. The company acquires credit, debit, and EFTPOS cards; and offers Medicare and private health fund claiming and rebating services. It also accepts ecommerce payment solution for online businesses; and provides complementary banking solutions, including a loan in the form of a merchant cash advance and a term-deposit account. In addition, the company offers Tyro Go, a mobile payments dongle; Medipass, a digital health payment platform, that links healthcare funders, healthcare providers, and patients to streamline claims approval and payment acceptance; and Tyro Connect, a platform to promote data driven insights from customers activities for hospitality business, as well as security and fraud protection services. It primarily serves health, hospitality, services, accommodation, corporate, and retail industries. Tyro Payments Limited was incorporated in 2003 and is based in Sydney, Australia.
Companies with ret. on assets similar to Tyro Payments
- JDE Peet's N.V has Ret. on assets of 2.29%
- Duke Realty Corp has Ret. on assets of 2.29%
- New Century Real Estate Investment Trust has Ret. on assets of 2.29%
- Duke Realty has Ret. on assets of 2.29%
- SmartCentres Real Estate Investment Trust has Ret. on assets of 2.29%
- King's Flair International () has Ret. on assets of 2.29%
- Tyro Payments has Ret. on assets of 2.29%
- Sigma Lithium has Ret. on assets of 2.29%
- Sigma Lithium Resources has Ret. on assets of 2.29%
- Suez SA has Ret. on assets of 2.29%
- SUEZ SA has Ret. on assets of 2.29%
- Metroglobal has Ret. on assets of 2.29%
- Housing and Urban Development has Ret. on assets of 2.29%