Tyro Payments Ret. on equity
What is the Ret. on equity of Tyro Payments?
The Ret. on equity of Tyro Payments Limited is -17.41%
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 Technology sector on ASX compared to Tyro Payments
What does Tyro Payments do?
Tyro Payments Limited provides payment solutions to merchants in Australia. The company operates through Payments and Banking segments. It offers electronic funds transfer at point of sale (EFTPOS) solutions, business loans, and banking products. The company acquires credit, debit, and EFTPOS cards; and offers Medicare and private health fund claiming and rebating services. It also accepts ecommerce payment solution for online businesses; and provides complementary banking solutions, including a loan in the form of a merchant cash advance and a term-deposit account. In addition, the company offers Tyro Go, a mobile payments dongle; Medipass, a digital health payment platform, that links healthcare funders, healthcare providers, and patients to streamline claims approval and payment acceptance; and Tyro Connect, a platform to promote data driven insights from customers activities for hospitality business, as well as security and fraud protection services. It primarily serves health, hospitality, services, accommodation, corporate, and retail industries. Tyro Payments Limited was incorporated in 2003 and is based in Sydney, Australia.
Companies with ret. on equity similar to Tyro Payments
- Identiv Inc has Ret. on equity of -17.45%
- Wanda Hotel Development has Ret. on equity of -17.43%
- Clough Global Dividend and Income Fund has Ret. on equity of -17.42%
- GVC Plc has Ret. on equity of -17.42%
- Entain PLC has Ret. on equity of -17.42%
- GoldQuest Mining has Ret. on equity of -17.42%
- Tyro Payments has Ret. on equity of -17.41%
- Nuveen New Jersey Quality Municipal Income Fund has Ret. on equity of -17.39%
- China E-Information Technology has Ret. on equity of -17.38%
- Northway Resources has Ret. on equity of -17.37%
- Northway Resources has Ret. on equity of -17.37%
- Amatheon Agri N.V has Ret. on equity of -17.37%
- Leveljump Healthcare has Ret. on equity of -17.37%