Schweizerische Nationalbank Ret. on assets
What is the Ret. on assets of Schweizerische Nationalbank?
The Ret. on assets of Schweizerische Nationalbank is -2.61%
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 Miscellaneous sector on LSE compared to Schweizerische Nationalbank
What does Schweizerische Nationalbank do?
Schweizerische Nationalbank, an independent central bank, provides banking services to the Swiss Confederation. The company implements its monetary policy by steering the interest rate level on the money market; supplies the Swiss economy with banknotes and coins commensurate with demand for payment purposes; distributes banknotes and coins; facilitates and secures the operation of cashless payment systems; and manages the currency reserves. It also analyses the sources of risk to the financial system and identifies areas where action is needed, and oversees financial market infrastructures, as well as facilitates the creation and implementation of a regulatory framework for the financial sector; and participates in international monetary cooperation and provides technical assistance. In addition, the company processes payments on behalf of the confederation; issues money market debt register claims and confederation bonds; handles the custody of securities; and carries out foreign exchange transactions. Further, it compiles statistical data on banks and financial markets, the balance of payments, direct investment, the international investment position, and the Swiss financial accounts. The company was founded in 1907 and is headquartered in Berne, Switzerland.
Companies with ret. on assets similar to Schweizerische Nationalbank
- Tata Sponge Iron has Ret. on assets of -2.63%
- Orange Sky Golden Harvest Entertainment () has Ret. on assets of -2.62%
- Forgame has Ret. on assets of -2.62%
- Story-I has Ret. on assets of -2.62%
- SSPDL has Ret. on assets of -2.62%
- Gladstone Investment has Ret. on assets of -2.61%
- Schweizerische Nationalbank has Ret. on assets of -2.61%
- Comet Ridge has Ret. on assets of -2.61%
- Caledonian Trust PLC has Ret. on assets of -2.61%
- The State Trading of India has Ret. on assets of -2.61%
- INV Metals has Ret. on assets of -2.61%
- Azarga Uranium has Ret. on assets of -2.60%
- Mauria Udyog has Ret. on assets of -2.60%