Majesco Ret. on assets
What is the Ret. on assets of Majesco?
The Ret. on assets of Majesco Limited is -0.94%
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 Technology sector on NSE compared to Majesco
What does Majesco do?
Majesco Limited, together with its subsidiaries, provides cloud-based software solutions for the insurance industry in North America, Europe, and internationally. The company offers Property & Casualty Core Suite that provides core system capabilities, including policy, billing, and claims for property and casualty personal, commercial, workers' compensation, and specialty insurance; and L&A and Group Core Suite insurance software for individual, group, and voluntary benefits insurance. It also provides LifePlus Solutions for individual life, pensions, and wealth management; insurance distribution management software; Data and Analytics Platform, a business intelligence and analytics tool for claims, underwriting, policy, and billing functions; and Digital Insurance platform, a digital and micro-services based cloud-only platform solution. Majesco Limited offers software solutions for property, casualty and life, and annuity providers. In addition, it provides cloud implementation, cloud subscription, professional, and support and maintenance services. The company was formerly known as Minefields Computers Limited and changed its name to Majesco Limited in June 2015. Majesco Limited was incorporated in 2013 and is based in Navi Mumbai, India.
Companies with ret. on assets similar to Majesco
- Ober SA has Ret. on assets of -0.95%
- Windsor Machines has Ret. on assets of -0.95%
- Samurai Capital has Ret. on assets of -0.94%
- Dorel Industries has Ret. on assets of -0.94%
- Wah Wo Hldg Grp Ltd has Ret. on assets of -0.94%
- Global Atomic has Ret. on assets of -0.94%
- Majesco has Ret. on assets of -0.94%
- Jiangsu NandaSoft Technology has Ret. on assets of -0.94%
- Verticalscope Inc has Ret. on assets of -0.94%
- Grupo Supervielle S.A has Ret. on assets of -0.94%
- Devernois S.A has Ret. on assets of -0.93%
- New Gold has Ret. on assets of -0.93%
- Pearl River has Ret. on assets of -0.93%