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Mitsuboshi Belting Ltd
TSE:5192

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Mitsuboshi Belting Ltd Logo
Mitsuboshi Belting Ltd
TSE:5192
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Price: 4 830 JPY 0.52%
Updated: Apr 26, 2024

ROA
Return on Assets

5.5%
Current
5%
Average
3.6%
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
5.5%
=
Net Income
6.6B
/
Total Assets
124.2B

ROA Across Competitors

ROA Comparison
Mitsuboshi Belting Ltd Competitors

Country JP
Market Cap 137B JPY
ROA
5%
Country SE
Market Cap 941.5B SEK
ROA
16%
Country US
Market Cap 74.3B USD
ROA
19%
Country US
Market Cap 70.5B USD
ROA
9%
Country US
Market Cap 37.6B USD
ROA
15%
Country US
Market Cap 37.1B USD
ROA
5%
Country JP
Market Cap 5.2T JPY
ROA
10%
Country US
Market Cap 31.6B USD
ROA
5%
Country JP
Market Cap 4.5T JPY
ROA
4%
Country JP
Market Cap 4.3T JPY
ROA
8%
Country CH
Market Cap 24.6B CHF
ROA
5%

Profitability Report

View the profitability report to see the full profitability analysis for Mitsuboshi Belting 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
5.5%
=
Net Income
6.6B
/
Total Assets
124.2B
What is the ROA of Mitsuboshi Belting Ltd?

Based on Mitsuboshi Belting Ltd's most recent financial statements, the company has ROA of 5.5%.