Indian Overseas Bank Ret. on assets
What is the Ret. on assets of Indian Overseas Bank?
The Ret. on assets of Indian Overseas Bank is -3.34%
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 Finance sector on BSE compared to Indian Overseas Bank
What does Indian Overseas Bank do?
Indian Overseas Bank provides various banking products and services. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers saving bank and current accounts, term deposits, retail loans, debit and credit cards, NRI accounts, agricultural and rural banking products, MSME loans, and merchant banking services. The company operates through 3270 branches and 3032 ATMs in India. It also operates through branches located in Singapore, Hong Kong, Bangkok, and Sri Lanka. Indian Overseas Bank was founded in 1937 and is based in Chennai, India.
Companies with ret. on assets similar to Indian Overseas Bank
- Ariana Resources Plc has Ret. on assets of -3.35%
- XP Power has Ret. on assets of -3.35%
- Santana Minerals has Ret. on assets of -3.35%
- China Silver has Ret. on assets of -3.34%
- Omax Autos has Ret. on assets of -3.34%
- Blue Star Gold has Ret. on assets of -3.34%
- Indian Overseas Bank has Ret. on assets of -3.34%
- Galapagos NV has Ret. on assets of -3.34%
- MCH AG has Ret. on assets of -3.34%
- Royal Caribbean Cruises has Ret. on assets of -3.33%
- Richmond Minerals has Ret. on assets of -3.33%
- Highfield Resources has Ret. on assets of -3.33%
- Shree Hari Chemicals Export has Ret. on assets of -3.32%