HealthCare Global Enterprises Ret. on assets
What is the Ret. on assets of HealthCare Global Enterprises?
The Ret. on assets of HealthCare Global Enterprises Limited is 2.34%
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 Health Care sector on NSE compared to HealthCare Global Enterprises
What does HealthCare Global Enterprises do?
HealthCare Global Enterprises Limited, together with its subsidiaries, provides healthcare services focusing on cancer and fertility. The company offers cancer diagnosis and treatment services through radiation therapy, medical oncology, and surgery; and fertility treatment services, as well as reproductive medicine services, including assisted reproduction, gynecological endoscopy, and fertility preservation under the Milann brand. It also operates four multi-specialty hospitals, including three under the HCG brand in Ahmedabad, Bhavnagar, and Rajkot in the state of Gujarat, as well as one under operations and management contract in Hubli in the state of Karnataka that primarily provide cardiology, neurology, orthopedics, gastroenterology, urology, internal medicine, and pulmonary and critical care. In addition, the company offers medical diagnostic services, including scientific testing and consultancy services in the pharmaceutical and medical sector. As of March 31, 2022, the company operated 22 comprehensive cancer centers, including 1 center in Africa. The company was founded in 1989 and is based in Bengaluru, India.
Companies with ret. on assets similar to HealthCare Global Enterprises
- Block Inc has Ret. on assets of 2.34%
- Carriage Services has Ret. on assets of 2.34%
- VPower International has Ret. on assets of 2.34%
- Muthoot Capital Services has Ret. on assets of 2.34%
- VTG Aktiengesellschaft has Ret. on assets of 2.34%
- Elanor Retail Property Fund has Ret. on assets of 2.34%
- HealthCare Global Enterprises has Ret. on assets of 2.34%
- Hindustan Media Ventures has Ret. on assets of 2.34%
- Fluxys Belgium SA has Ret. on assets of 2.34%
- United Strength Power has Ret. on assets of 2.34%
- Elanor Investors STAPLED SECURITIES has Ret. on assets of 2.35%
- Taisho Pharmaceutical Co has Ret. on assets of 2.35%
- Globe Life has Ret. on assets of 2.35%