Cigna Ret. on assets
What is the Ret. on assets of Cigna?
The Ret. on assets of Cigna Corporation is 4.38%
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 XETRA compared to Cigna
What does Cigna do?
Cigna Corporation provides insurance and related products and services in the United States. Its Evernorth segment provides a range of coordinated and point solution health services, including pharmacy, benefits management, care delivery and management, and intelligence solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, vision, health advocacy programs, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans to on and off the public exchanges; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. The company also offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. It distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was founded in 1792 and is headquartered in Bloomfield, Connecticut.
Companies with ret. on assets similar to Cigna
- Smurfit Kappa plc has Ret. on assets of 4.38%
- Smurfit Kappa Plc has Ret. on assets of 4.38%
- Smurfit Kappa Plc has Ret. on assets of 4.38%
- Weyerhaeuser Co has Ret. on assets of 4.38%
- L.D.C. S.A has Ret. on assets of 4.38%
- EO2 has Ret. on assets of 4.38%
- Cigna has Ret. on assets of 4.38%
- HPL Electric & Power has Ret. on assets of 4.38%
- Artefact SA has Ret. on assets of 4.38%
- Mercury General has Ret. on assets of 4.38%
- Generation Asia I Acquisition L has Ret. on assets of 4.38%
- Suntory Beverage & Food has Ret. on assets of 4.38%
- bet-at-home.com AG has Ret. on assets of 4.38%