Alliance Aviation Services Ret. on assets
What is the Ret. on assets of Alliance Aviation Services?
The Ret. on assets of Alliance Aviation Services Limited is 6.50%
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 Industrials sector on ASX compared to Alliance Aviation Services
What does Alliance Aviation Services do?
Alliance Aviation Services Limited provides aviation services to tourism, resources, mining, education, government, corporate, and sporting sectors in Australia and internationally. The company also offers specialized aviation services, including aircraft wet leasing, airport management, aircraft trading, parts sales, engine leasing, and engineering to other airlines and clients. As of August 11, 2021, it operated a fleet of 7 E190, 24 Fokker F100, and 14 Fokker 70LR jet aircrafts; and 5 Fokker 50 turboprops aircrafts. The company was founded in 2002 and is based in Brisbane, Australia.
Companies with ret. on assets similar to Alliance Aviation Services
- IMCD NV has Ret. on assets of 6.50%
- HUGO BOSS AG has Ret. on assets of 6.50%
- Badger Infrastructure Solutions has Ret. on assets of 6.50%
- Badger Daylighting has Ret. on assets of 6.50%
- Telecom Digital has Ret. on assets of 6.50%
- Stellantis Nv Eo ,01 has Ret. on assets of 6.50%
- Alliance Aviation Services has Ret. on assets of 6.50%
- Autel Intelligent Technology has Ret. on assets of 6.51%
- Cincinnati has Ret. on assets of 6.51%
- Beijing Chunlizhengda Medical Instruments Co has Ret. on assets of 6.51%
- Build King has Ret. on assets of 6.51%
- Cheops Technology France SA has Ret. on assets of 6.51%
- Murray Income Trust Plc has Ret. on assets of 6.51%