Manchester & London Investment Trust Plc Ret. on assets
What is the Ret. on assets of Manchester & London Investment Trust Plc?
The Ret. on assets of Manchester & London Investment Trust Plc is 41.58%
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 LSE compared to Manchester & London Investment Trust Plc
What does Manchester & London Investment Trust Plc do?
Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis. It benchmarks the performance of its portfolios against the FTSE Actuaries All-Share Index. Manchester & London Investment Trust was formed on January 1, 1972 and is domiciled in the United Kingdom.
Companies with ret. on assets similar to Manchester & London Investment Trust Plc
- Nathan`s Famous has Ret. on assets of 39.85%
- Vital has Ret. on assets of 40.13%
- Symbolic Logic Inc has Ret. on assets of 40.51%
- PT Indo Tambangraya Megah Tbk has Ret. on assets of 41.01%
- Loral Space & Communications Inc has Ret. on assets of 41.20%
- Gujarat Themis Biosyn has Ret. on assets of 41.54%
- Manchester & London Investment Trust Plc has Ret. on assets of 41.58%
- Santacruz Silver Mining has Ret. on assets of 41.82%
- MiMedx Inc has Ret. on assets of 41.96%
- Aixin Life International Inc has Ret. on assets of 41.97%
- Euroseas Ltd has Ret. on assets of 42.18%
- Plus500 has Ret. on assets of 42.29%
- Enzo Biochem has Ret. on assets of 42.53%