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Sumitomo Rubber Industries Ltd
TSE:5110

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Sumitomo Rubber Industries Ltd Logo
Sumitomo Rubber Industries Ltd
TSE:5110
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Price: 1 867.5 JPY 1.16% Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

3%
Current
2%
Average
3.4%
Industry
Positive for the last year
3%
Positive average
2%
Better than average
Worse 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
3%
=
Net Income
37B
/
Total Assets
1.3T

ROA Across Competitors

ROA Comparison
Sumitomo Rubber Industries Ltd Competitors

Country JP
Market Cap 491.2B JPY
ROA
3%
Country JP
Market Cap 4.6T JPY
ROA
6%
Country CN
Market Cap 51.4B CNY
ROA
7%
Country IN
Market Cap 547.9B INR
ROA
8%
Country IT
Market Cap 5.9B EUR
ROA
3%
Country IN
Market Cap 451.2B INR
ROA
10%
Country KR
Market Cap 7.1T KRW
ROA
6%
Country CN
Market Cap 35.3B CNY
ROA
3%
Country TW
Market Cap 155.1B TWD
ROA
5%
Country JP
Market Cap 639.8B JPY
ROA
5%

Profitability Report

View the profitability report to see the full profitability analysis for Sumitomo Rubber Industries 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
3%
=
Net Income
37B
/
Total Assets
1.3T
What is the ROA of Sumitomo Rubber Industries Ltd?

Based on Sumitomo Rubber Industries Ltd's most recent financial statements, the company has ROA of 3%.