Metroglobal Ret. on assets
What is the Ret. on assets of Metroglobal?
The Ret. on assets of Metroglobal Limited is 2.29%
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 Materials sector on BSE compared to Metroglobal
What does Metroglobal do?
MetroGlobal Limited operates in the dyes and dyes intermediates manufacturing, infrastructure and reality, and trading and finance businesses in India. The company trades in basic and specialty chemicals, dye intermediates, solvents, mineral ores, textile fabrics, ferrous and non-ferrous metals, and plastic granules, as well as precious metals, including silver and gold. It also develops residential buildings, row houses, commercial complexes, shopping malls, sheds, plots, and godowns. The company was formerly known as Global Boards Limited and changed its name to MetroGlobal Limited in September 2011. MetroGlobal Limited was incorporated in 1992 and is headquartered in Ahmedabad, India.
Companies with ret. on assets similar to Metroglobal
- Duke Realty Corp has Ret. on assets of 2.29%
- SmartCentres Real Estate Investment Trust has Ret. on assets of 2.29%
- King's Flair International () has Ret. on assets of 2.29%
- Tyro Payments has Ret. on assets of 2.29%
- Sigma Lithium Resources has Ret. on assets of 2.29%
- Sigma Lithium has Ret. on assets of 2.29%
- Metroglobal has Ret. on assets of 2.29%
- Canadian Solar has Ret. on assets of 2.29%
- Housing and Urban Development has Ret. on assets of 2.29%
- Trajan Ltd has Ret. on assets of 2.30%
- Jsa Technology has Ret. on assets of 2.30%
- Centuria Industrial REIT has Ret. on assets of 2.30%
- Premier Explosives has Ret. on assets of 2.30%