MGE Ret. on assets
What is the Ret. on assets of MGE?
The Ret. on assets of MGE Energy, Inc. is 4.54%
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 Utilities sector on NASDAQ compared to MGE
What does MGE do?
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco
Companies with ret. on assets similar to MGE
- Venky's (India) has Ret. on assets of 4.54%
- Leyou Technologies has Ret. on assets of 4.54%
- LKP Securities has Ret. on assets of 4.54%
- Escalade has Ret. on assets of 4.54%
- Tian Yuan has Ret. on assets of 4.54%
- Calibre Mining has Ret. on assets of 4.54%
- MGE has Ret. on assets of 4.54%
- Analogue Ltd has Ret. on assets of 4.54%
- Progress-Werk Oberkirch AG has Ret. on assets of 4.54%
- Croda International Plc has Ret. on assets of 4.55%
- Royal Dutch Shell Plc has Ret. on assets of 4.55%
- Shell plc has Ret. on assets of 4.55%
- T Mobile Us Dl, 00001 has Ret. on assets of 4.55%