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Tokyo Electron Device Ltd
TSE:2760

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Tokyo Electron Device Ltd Logo
Tokyo Electron Device Ltd
TSE:2760
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Price: 5 670 JPY -6.13% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

6.6%
Current
6%
Average
2.5%
Industry
Positive for the last year
6.6%
Positive average
6%
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
6.6%
=
Net Income
9.9B
/
Total Assets
149.6B

ROA Across Competitors

ROA Comparison
Tokyo Electron Device Ltd Competitors

Country JP
Market Cap 170B JPY
ROA
7%
Country US
Market Cap 31.5B USD
ROA
8%
Country US
Market Cap 9.8B USD
ROA
3%
Country ZA
Market Cap 7.9B Zac
ROA
2%
Country CN
Market Cap 56.3B CNY
ROA
3%
Country US
Market Cap 6.6B USD
ROA
4%
Country US
Market Cap 6B USD
ROA
5%
Country TW
Market Cap 157.8B TWD
ROA
2%
Country TW
Market Cap 148.9B TWD
ROA
2%
Country US
Market Cap 4.2B USD
ROA
6%
Country TW
Market Cap 128.9B TWD
ROA
3%

Profitability Report

View the profitability report to see the full profitability analysis for Tokyo Electron Device Ltd.

See Also

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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
6.6%
=
Net Income
9.9B
/
Total Assets
149.6B
What is the ROA of Tokyo Electron Device Ltd?

Based on Tokyo Electron Device Ltd's most recent financial statements, the company has ROA of 6.6%.