ADVA Optical Networking SE Ret. on assets
What is the Ret. on assets of ADVA Optical Networking SE?
The Ret. on assets of ADVA Optical Networking SE is 3.84%
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 XETRA compared to ADVA Optical Networking SE
What does ADVA Optical Networking SE do?
ADVA Optical Networking SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators. The company also provides network virtualization products comprising ensemble connectors, orchestrators, and harmony ecosystems, as well as operates ensemble virtualization director, a management platform for the creation and deployment of virtualized services; network infrastructure assurance products; timing and synchronization products; and automated network management products, such as ensemble optical, sync, fiber, and packet director, and ensemble controllers. In addition, it offers professional services to plan, operate, and maintain the networks. The company sells its products to telecommunications service providers, private companies, universities, and government agencies directly, as well as through a network of distribution partners. ADVA Optical Networking SE was founded in 1994 and is headquartered in Munich, Germany.
Companies with ret. on assets similar to ADVA Optical Networking SE
- Logistec has Ret. on assets of 3.84%
- Ashnoor Textile Mills has Ret. on assets of 3.84%
- Gorman-Rupp Co has Ret. on assets of 3.84%
- Keck Seng Investments (Hong Kong) has Ret. on assets of 3.84%
- Pacific Coast Oil Trust has Ret. on assets of 3.84%
- Pacific Coast Oil Trust has Ret. on assets of 3.84%
- ADVA Optical Networking SE has Ret. on assets of 3.84%
- Sodexo SA has Ret. on assets of 3.85%
- Prime has Ret. on assets of 3.85%
- CSP has Ret. on assets of 3.85%
- Trend Micro has Ret. on assets of 3.85%
- SoftBank has Ret. on assets of 3.85%
- Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co has Ret. on assets of 3.85%