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Okamoto Industries Inc
TSE:5122

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Okamoto Industries Inc
TSE:5122
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Price: 4 845 JPY 0.1% Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

5.9%
Current
5%
Average
2.9%
Industry
Positive for the last year
5.9%
Positive average
5%
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
5.9%
=
Net Income
8B
/
Total Assets
133.6B

ROA Across Competitors

ROA Comparison
Okamoto Industries Inc Competitors

Country JP
Market Cap 85B JPY
ROA
6%
Country SA
Market Cap 236.4B SAR
ROA
-1%
Country ID
Market Cap 642.3T IDR
ROA
-1%
Country US
Market Cap 39.5B USD
ROA
1%
Country UK
Market Cap 32.3B USD
ROA
6%
Country KR
Market Cap 29.2T KRW
ROA
2%
Country US
Market Cap 18.9B USD
ROA
2%
Country CN
Market Cap 109.7B CNY
ROA
1%
Country CN
Market Cap 107.6B CNY
ROA
-1%
Country TW
Market Cap 442.5B TWD
ROA
1%
Country TW
Market Cap 432.2B TWD
ROA
1%

Profitability Report

View the profitability report to see the full profitability analysis for Okamoto Industries Inc.

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
5.9%
=
Net Income
8B
/
Total Assets
133.6B
What is the ROA of Okamoto Industries Inc?

Based on Okamoto Industries Inc's most recent financial statements, the company has ROA of 5.9%.