Atwood Oceanics Ret. on assets
What is the Ret. on assets of Atwood Oceanics?
The Ret. on assets of Atwood Oceanics, Inc. is 1.69%
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 NYSE compared to Atwood Oceanics
What does Atwood Oceanics do?
Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells. As of November 11, 2016, it owned a fleet of 10 mobile offshore drilling units. The company operates its fleet in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia, and offshore Australia. Atwood Oceanics, Inc. was founded in 1968 and is headquartered in Houston, Texas.
Companies with ret. on assets similar to Atwood Oceanics
- Orix has Ret. on assets of 1.69%
- Jai Corp has Ret. on assets of 1.69%
- Air New Zealand has Ret. on assets of 1.69%
- Schultze Special Purpose Acquisition Corp II has Ret. on assets of 1.69%
- Ameriprise has Ret. on assets of 1.69%
- Ausnutria Dairy Ltd has Ret. on assets of 1.69%
- Atwood Oceanics has Ret. on assets of 1.69%
- Welltower has Ret. on assets of 1.69%
- ICICI Bank has Ret. on assets of 1.69%
- ICICI Bank has Ret. on assets of 1.69%
- O-Net Technologies () has Ret. on assets of 1.69%
- Sienna Senior Living has Ret. on assets of 1.69%
- Nuveen Georgia Quality Municipal Income Fund has Ret. on assets of 1.69%