Ziptel Ret. on equity
What is the Ret. on equity of Ziptel?
The Ret. on equity of Ziptel Limited is 181.38%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Communication Services sector on ASX compared to Ziptel
What does Ziptel do?
Ziptel Limited engages in telecommunications business in Australia and internationally. It provides AussieSim, a prepaid travel SIM card, which offers discounted roaming rates for talk, text, and data usage internationally; and ZipT, a mobile based VOIP communication application that allows consumers to SMS and make international calls. The company was founded in 2004 and is based in Osborne Park, Australia.
Companies with ret. on equity similar to Ziptel
- Terrace has Ret. on equity of 178.41%
- CBLT has Ret. on equity of 179.11%
- Collaborate has Ret. on equity of 180.56%
- Burnpur Cement has Ret. on equity of 180.65%
- Flexiroam has Ret. on equity of 181.04%
- Prospect Park Capital has Ret. on equity of 181.10%
- Ziptel has Ret. on equity of 181.38%
- Armata Pharmaceuticals Inc has Ret. on equity of 182.35%
- Chineseinvestors.com has Ret. on equity of 183.42%
- Reitmans (Canada) has Ret. on equity of 183.80%
- Marley Spoon AG has Ret. on equity of 183.85%
- Marley Spoon AG has Ret. on equity of 183.85%
- Dare Bioscience Inc has Ret. on equity of 183.89%