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Encourage Technologies Co Ltd
TSE:3682

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Encourage Technologies Co Ltd Logo
Encourage Technologies Co Ltd
TSE:3682
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Price: 581 JPY -1.36% Market Closed
Updated: Apr 27, 2024

ROA
Return on Assets

5%
Current
5%
Average
0.2%
Industry

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
5%
=
Net Income
221.1m
/
Total Assets
4.4B

ROA Across Competitors

ROA Comparison
Encourage Technologies Co Ltd Competitors

Country JP
Market Cap 3.9B JPY
ROA
5%
Country US
Market Cap 3T USD
ROA
20%
Country US
Market Cap 325.7B USD
ROA
8%
Country US
Market Cap 149.6B USD
ROA
11%
Country US
Market Cap 94.5B USD
ROA
14%
Country US
Market Cap 73.7B USD
ROA
2%
Country US
Market Cap 61.5B USD
ROA
5%
Country US
Market Cap 49.3B USD
ROA
17%
Country US
Market Cap 26.5B USD
ROA
-4%
Country IL
Market Cap 17.1B USD
ROA
15%
Country US
Market Cap 14.5B USD
ROA
8%

Profitability Report

View the profitability report to see the full profitability analysis for Encourage Technologies Co 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
5%
=
Net Income
221.1m
/
Total Assets
4.4B
What is the ROA of Encourage Technologies Co Ltd?

Based on Encourage Technologies Co Ltd's most recent financial statements, the company has ROA of 5%.