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Nirlon Ltd
BSE:500307

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Nirlon Ltd
BSE:500307
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Price: 425.95 INR -4.71% Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

9.6%
Current
7%
Average
0.7%
Industry
Positive for the last year
9.6%
Positive average
7%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number 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. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
9.6%
=
Net Income
2B
/
Total Assets
21.2B

ROA Across Competitors

ROA Comparison
Nirlon Ltd Competitors

Country IN
Market Cap 38.4B INR
ROA
10%
Country DE
Market Cap 20.5B EUR
ROA
-7%
Country PH
Market Cap 787.8B PHP
ROA
4%
Country SE
Market Cap 123.1B SEK
ROA
0%
Country HK
Market Cap 87.6B HKD
ROA
1%
Country SG
Market Cap 12.5B SGD
ROA
1%
Country HK
Market Cap 68B HKD
ROA
2%
Country LU
Market Cap 7.9B EUR
ROA
-4%
Country IL
Market Cap 28.9B ILS
ROA
4%
Country TH
Market Cap 277.1B THB
ROA
5%
Country CN
Market Cap 57.4B HKD
ROA
11%

Profitability Report

View the profitability report to see the full profitability analysis for Nirlon Ltd.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number 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. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
9.6%
=
Net Income
2B
/
Total Assets
21.2B
What is the ROA of Nirlon Ltd?

Based on Nirlon Ltd's most recent financial statements, the company has ROA of 9.6%.