Kirloskar Industries Ret. on assets
What is the Ret. on assets of Kirloskar Industries?
The Ret. on assets of Kirloskar Industries Limited is 7.48%
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 NSE compared to Kirloskar Industries
What does Kirloskar Industries do?
Kirloskar Industries Limited manufactures and sells iron castings in India. It generates and sells wind-power electricity through seven windmills with total installed capacity of 5.6 megawatts in Maharashtra; owns lands and building, and apartments and offices; and invests in properties and securities. The company was formerly known as Kirloskar Oil Engines Limited and changed its name to Kirloskar Industries Limited in March 2010. The company was incorporated in 1978 and is based in Pune, India.
Companies with ret. on assets similar to Kirloskar Industries
- Rain Industries has Ret. on assets of 7.47%
- Action Construction Equipment has Ret. on assets of 7.47%
- Fuling Global Inc has Ret. on assets of 7.47%
- TalkTalk Telecom Plc has Ret. on assets of 7.47%
- Innovative Pharmaceutical Biotech has Ret. on assets of 7.48%
- Anxian Yuan China has Ret. on assets of 7.48%
- Kirloskar Industries has Ret. on assets of 7.48%
- Henderson EuroTrust Plc has Ret. on assets of 7.48%
- Gmo Gate Inc has Ret. on assets of 7.48%
- Neocom Multimedia SA has Ret. on assets of 7.48%
- CoreLogic Inc has Ret. on assets of 7.48%
- Ansila NL has Ret. on assets of 7.48%
- Wonderla Holidays has Ret. on assets of 7.48%