Canoe EIT Income Fund Ret. on assets
What is the Ret. on assets of Canoe EIT Income Fund?
The Ret. on assets of Canoe EIT Income Fund is 14.74%
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 Finance sector on OTC compared to Canoe EIT Income Fund
What does Canoe EIT Income Fund do?
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.
Companies with ret. on assets similar to Canoe EIT Income Fund
- Advanced Share Registry has Ret. on assets of 14.71%
- Vinyl Chemicals (India) has Ret. on assets of 14.71%
- Mahanagar Gas has Ret. on assets of 14.72%
- A. O. Smith has Ret. on assets of 14.72%
- Topsports International has Ret. on assets of 14.73%
- Revenio Oyj has Ret. on assets of 14.74%
- Canoe EIT Income Fund has Ret. on assets of 14.74%
- Optim has Ret. on assets of 14.76%
- ITC has Ret. on assets of 14.76%
- Herald Investment Trust Plc has Ret. on assets of 14.77%
- Nemetschek SE has Ret. on assets of 14.77%
- Epiroc AB (publ) has Ret. on assets of 14.77%
- Epiroc AB has Ret. on assets of 14.77%