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Sagami Rubber Industries Co Ltd
TSE:5194

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Sagami Rubber Industries Co Ltd
TSE:5194
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Price: 966 JPY 0.94%
Updated: Mar 28, 2024

ROA
Return on Assets

-0.2%
Current
5%
Average
2.7%
Industry
Negative for the last year
-0.2%
Positive average
5%
Worse 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
-0.2%
=
Net Income
-29.2m
/
Total Assets
18.3B

ROA Across Competitors

ROA Comparison
Sagami Rubber Industries Co Ltd Competitors

Country JP
Market Cap 10.4B JPY
ROA
0%
Country FR
Market Cap 234.3B EUR
ROA
13%
Country UK
Market Cap 99B GBP
ROA
8%
Country IN
Market Cap 5.3T INR
ROA
14%
Country US
Market Cap 52B USD
ROA
2%
Country UK
Market Cap 30.6B GBP
ROA
3%
Country DE
Market Cap 30.6B EUR
ROA
6%
Country JP
Market Cap 2.6T JPY
ROA
3%
Country IN
Market Cap 1.3T INR
ROA
10%
Country IN
Market Cap 926.2B INR
ROA
13%
Country US
Market Cap 10.9B USD
ROA
16%

ROA Distribution

ROA Distribution
Consumer products Industry

Profitability Report

View the profitability report to see the full profitability analysis for Sagami Rubber Industries 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
-0.2%
=
Net Income
-29.2m
/
Total Assets
18.3B
What is the ROA of Sagami Rubber Industries Co Ltd?

Based on Sagami Rubber Industries Co Ltd's most recent financial statements, the company has ROA of -0.2%.