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Gujarat State Petronet Ltd
NSE:GSPL

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Gujarat State Petronet Ltd Logo
Gujarat State Petronet Ltd
NSE:GSPL
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Price: 295.9 INR -2.29% Market Closed
Updated: Apr 25, 2024

ROA
Return on Assets

9.1%
Current
11%
Average
2.7%
Industry
Positive for the last year
9.1%
Positive average
11%
Worse 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
9.1%
=
Net Income
15.6B
/
Total Assets
176.4B

ROA Across Competitors

ROA Comparison
Gujarat State Petronet Ltd Competitors

Country IN
Market Cap 167B INR
ROA
9%
Country ES
Market Cap 22.8B EUR
ROA
5%
Country US
Market Cap 17.8B USD
ROA
4%
Country IN
Market Cap 1.4T INR
ROA
7%
Country IT
Market Cap 14.6B EUR
ROA
3%
Country HK
Market Cap 110.8B HKD
ROA
4%
Country IN
Market Cap 1T INR
ROA
11%
Country JP
Market Cap 1.6T JPY
ROA
6%
Country CN
Market Cap 74.2B HKD
ROA
7%
Country JP
Market Cap 1.4T JPY
ROA
6%
Country HK
Market Cap 64.6B HKD
ROA
4%

Profitability Report

View the profitability report to see the full profitability analysis for Gujarat State Petronet 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
9.1%
=
Net Income
15.6B
/
Total Assets
176.4B
What is the ROA of Gujarat State Petronet Ltd?

Based on Gujarat State Petronet Ltd's most recent financial statements, the company has ROA of 9.1%.