The Lakshmi Vilas Bank Ret. on assets
What is the Ret. on assets of The Lakshmi Vilas Bank?
The Ret. on assets of The Lakshmi Vilas Bank Limited is -2.72%
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 The Lakshmi Vilas Bank
What does The Lakshmi Vilas Bank do?
The Lakshmi Vilas Bank Limited provides various banking products and services in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, salary, retail institutional, current, and institutional accounts, as well as fixed and recurring deposits; and personal and commercial vehicle, home, jewel, education, deposit, agriculture term, business term, and rental loans, as well as loans against properties and securities. It also provides life, health, and general insurance products; mutual funds; online trading accounts; merchant and cash management services; credit, debit/ATM, prepaid, and gift cards; bill payment and money transfer services; NRI, mobile, and corporate banking services; and safe deposit lockers. In addition, the company offers forex, and export and cash credit services. As of March 31, 2020, it operated a network of 566 branches comprising 558 general banking branches, 7 commercial banking branches, and 1 satellite branch, as well as 7 extension counters and 973 ATMs. The company was founded in 1926 and is based in Chennai, India.
Companies with ret. on assets similar to The Lakshmi Vilas Bank
- Wheeler Real Estate Investment Trust Inc has Ret. on assets of -2.73%
- Wheeler Real Estate Investment Trust Inc has Ret. on assets of -2.73%
- Goa Carbon has Ret. on assets of -2.73%
- Cor Infrastructure Trust Inc has Ret. on assets of -2.73%
- Wameja has Ret. on assets of -2.73%
- Service Properties Trust has Ret. on assets of -2.72%
- The Lakshmi Vilas Bank has Ret. on assets of -2.72%
- Hongkong Land has Ret. on assets of -2.72%
- Viceroy Hotels has Ret. on assets of -2.72%
- Capital Trust has Ret. on assets of -2.72%
- G Mining Ventures has Ret. on assets of -2.72%
- Kanadario Gold has Ret. on assets of -2.72%
- Lifetime Brands has Ret. on assets of -2.72%