First Time Loading...

Toa Oil Co Ltd
TSE:5008

Watchlist Manager
Toa Oil Co Ltd Logo
Toa Oil Co Ltd
TSE:5008
Watchlist
Price: 3 140 JPY Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

2.2%
Current
1%
Average
0.4%
Industry
Positive for the last year
2.2%
Positive average
1%
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
2.2%
=
Net Income
2.1B
/
Total Assets
92.3B

ROA Across Competitors

ROA Comparison
Toa Oil Co Ltd Competitors

Country JP
Market Cap 39.1B JPY
ROA
2%
Country IN
Market Cap 19.9T INR
ROA
4%
Country US
Market Cap 72.3B USD
ROA
11%
Country US
Market Cap 66.6B USD
ROA
9%
Country US
Market Cap 54.6B USD
ROA
14%
Country IN
Market Cap 2.3T INR
ROA
10%
Country FI
Market Cap 19.8B EUR
ROA
9%
Country TW
Market Cap 660.1B TWD
ROA
5%
Country PL
Market Cap 78.5B PLN
ROA
10%
Country PL
Market Cap 455.8B CZK
ROA
10%
Country IN
Market Cap 1.2T INR
ROA
14%

Profitability Report

View the profitability report to see the full profitability analysis for Toa Oil 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
2.2%
=
Net Income
2.1B
/
Total Assets
92.3B
What is the ROA of Toa Oil Co Ltd?

Based on Toa Oil Co Ltd's most recent financial statements, the company has ROA of 2.2%.