Integrated Rail and Resources Acquisition Ret. on equity
What is the Ret. on equity of Integrated Rail and Resources Acquisition?
The Ret. on equity of Integrated Rail and Resources Acquisition Corp. is 1.27%
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 Finance sector on NYSE compared to Integrated Rail and Resources Acquisition
What does Integrated Rail and Resources Acquisition do?
Integrated Rail and Resources Acquisition Corp. intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in railroad companies. The company was incorporated in 2021 and is based in Fort Worth, Texas.
Companies with ret. on equity similar to Integrated Rail and Resources Acquisition
- Life Settlement Assets A has Ret. on equity of 1.25%
- Greencrest Services has Ret. on equity of 1.25%
- Brachium2 Capital Corp has Ret. on equity of 1.26%
- BCI Minerals has Ret. on equity of 1.26%
- Cushman & Wakefield plc has Ret. on equity of 1.27%
- Seabridge Gold has Ret. on equity of 1.27%
- Integrated Rail and Resources Acquisition has Ret. on equity of 1.27%
- Wedia SA has Ret. on equity of 1.27%
- 5paisa Capital has Ret. on equity of 1.27%
- Kaman has Ret. on equity of 1.27%
- TOT BIOPHARM International has Ret. on equity of 1.27%
- Aecon has Ret. on equity of 1.27%
- James Warren Tea has Ret. on equity of 1.28%