Foresight Solar & Technology VCT plc Ret. on assets
What is the Ret. on assets of Foresight Solar & Technology VCT plc?
The Ret. on assets of Foresight Solar & Technology VCT plc is 29.24%
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 LSE compared to Foresight Solar & Technology VCT plc
What does Foresight Solar & Technology VCT plc do?
Foresight Solar & Infrastructure VCT plc is a venture capital trust of Foresight Group. The fund aims to generate returns through tax free dividends, by investing in a portfolio of new electricity generation projects in the very short term as well as longer term energy related infrastructure investments such as smart meters, and solar power generating systems supported by the United Kingdom government's Feed-in Tariff scheme. It invests in solar projects throughout Europe. The fund is a five-year planned exit VCT with an option to remain in the fund as a longer-term investor.
Companies with ret. on assets similar to Foresight Solar & Technology VCT plc
- Collectors Universe Inc has Ret. on assets of 28.86%
- TPC Consolidated has Ret. on assets of 28.95%
- Fair Isaac has Ret. on assets of 29.09%
- Nucor has Ret. on assets of 29.11%
- NTG Clarity Networks has Ret. on assets of 29.15%
- Betterware De Mexico Sa De Cv has Ret. on assets of 29.18%
- Foresight Solar & Technology VCT plc has Ret. on assets of 29.24%
- Appfolio Inc has Ret. on assets of 29.33%
- Mastercard has Ret. on assets of 29.35%
- Chelverton UK Dividend Trust Plc has Ret. on assets of 29.39%
- Edge Performance VCT 'H' has Ret. on assets of 29.42%
- Geopark has Ret. on assets of 29.46%
- Somero Enterprises has Ret. on assets of 29.51%