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Nihon Kogyo Co Ltd
TSE:5279

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Nihon Kogyo Co Ltd
TSE:5279
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Price: 879 JPY -1.24% Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

1.1%
Current
2%
Average
2.1%
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
1.1%
=
Net Income
165.5m
/
Total Assets
15B

ROA Across Competitors

ROA Comparison
Nihon Kogyo Co Ltd Competitors

Country JP
Market Cap 2.5B JPY
ROA
1%
Country FR
Market Cap 63.4B EUR
ROA
4%
Country IN
Market Cap 56.6B EUR
ROA
4%
Country IN
Market Cap 5T INR
ROA
4%
Country JP
Market Cap 6.6B JPY
ROA
5%
Country US
Market Cap 37.9B USD
ROA
5%
Country CN
Market Cap 224.3B CNY
ROA
2%
Country NL
Market Cap 26.6B USD
ROA
2%
Country ES
Market Cap 24.7B EUR
ROA
2%
Country CN
Market Cap 152.6B CNY
ROA
2%
Country CA
Market Cap 26.7B CAD
ROA
4%

Profitability Report

View the profitability report to see the full profitability analysis for Nihon Kogyo 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
1.1%
=
Net Income
165.5m
/
Total Assets
15B
What is the ROA of Nihon Kogyo Co Ltd?

Based on Nihon Kogyo Co Ltd's most recent financial statements, the company has ROA of 1.1%.