Techindia Nirman Ret. on assets

What is the Ret. on assets of Techindia Nirman?

The Ret. on assets of Techindia Nirman Limited is -0.31%

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.

What does Techindia Nirman do?

Techindia Nirman Limited focuses in the real estate and infrastructure development businesses in India. The company was formerly known as Nath Seeds Limited. Techindia Nirman Limited was incorporated in 1980 and is based in Mumbai, India.

Companies with ret. on assets similar to Techindia Nirman

Eagle Bancorp Inc (MD) has Ret. on assets of -0.32%
Pennon Plc has Ret. on assets of -0.32%
Canadian Apartment Properties Real Estate Investment Trust has Ret. on assets of -0.32%
Churchill Capital Corp V has Ret. on assets of -0.32%
Freckle Ltd has Ret. on assets of -0.32%
Integrated Finl Hldgs Inc has Ret. on assets of -0.32%
Techindia Nirman has Ret. on assets of -0.31%
Schultze Special Purpose Acquisition Corp II has Ret. on assets of -0.31%
Primary Health Properties Plc has Ret. on assets of -0.31%
BILL Inc has Ret. on assets of -0.31%
Sydney Airport has Ret. on assets of -0.31%
Bragg Gaming has Ret. on assets of -0.31%
Techindia Nirman has Ret. on assets of -0.30%