Hindustan Petroleum Ret. on assets
What is the Ret. on assets of Hindustan Petroleum?
The Ret. on assets of Hindustan Petroleum Corporation Limited is 2.70%
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 Energy sector on NSE compared to Hindustan Petroleum
What does Hindustan Petroleum do?
Hindustan Petroleum Corporation Limited refines and markets petroleum products in India and internationally. The company operates through Downstream Petroleum and All Other segments. It offers petrol, diesel, kerosene, liquefied petroleum gas (LPG), naphtha lubricants, specialties, and greases, as well as aviation turbine fuel; and markets and exports bulk fuels, bitumen, solvents, jet and marine fuel, marine lubes, household insecticides, hexane, propylene, jute batch oil, turpentine oil, carbon black feed stock, molten sulphur, and superior kerosene oil (SKO). The company is also involved in international trade activities, including crude oil imports, petroleum product imports/exports, import/export registration, shipping. Further, the company markets bulk fuels and petroleum products to industrial consumers like power plants, chemicals, fertilisers, shipping companies, and airlines. In addition, it offers LPG products under the HP Gas brand, as well as bulk LPG products for industries; and operates retail petrol pumps and pipelines for the transportation of petroleum products. Further, the company explores for and produces hydrocarbons, as well as provides management services for exploration and production blocks; and operates sugar ethanol-cogen plants in Bihar, and wind power plants in Maharashtra and Rajasthan. As of March 31, 2022, it operated through a marketing network of 137 regional offices; 70 depots; 53 LPG bottling plants; 47 aviation service facilities; 20,025 retail outlets; 1,638 SKO and light diesel oil dealers; and 6,243 LPG distributors, as well as 42 terminals, installation, and tap off points. The company was founded in 1910 and is headquartered in Mumbai, India. Hindustan Petroleum Corporation Limited is a subsidiary of Oil and Natural Gas Corporation Limited.
Companies with ret. on assets similar to Hindustan Petroleum
- GATX has Ret. on assets of 2.70%
- Alphageo (India) has Ret. on assets of 2.70%
- Tenaga Nasional Bhd has Ret. on assets of 2.70%
- Televerbier SA has Ret. on assets of 2.70%
- Celestica has Ret. on assets of 2.70%
- Inmobiliaria del Sur, S.A has Ret. on assets of 2.70%
- Hindustan Petroleum has Ret. on assets of 2.70%
- Guerbet Nv20 has Ret. on assets of 2.70%
- e Samse has Ret. on assets of 2.70%
- Zoomlion Heavy Industry Science and Technology Co has Ret. on assets of 2.70%
- Firm Capital Property Trust has Ret. on assets of 2.71%
- Superior of Companies has Ret. on assets of 2.71%
- abrdn Global Dynamic Dividend Fund has Ret. on assets of 2.71%