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NGK Insulators Ltd
TSE:5333

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NGK Insulators Ltd Logo
NGK Insulators Ltd
TSE:5333
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Price: 2 014 JPY -3.03% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

3.6%
Current
6%
Average
3.6%
Industry
Positive for the last year
3.6%
Positive average
6%
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
3.6%
=
Net Income
37.3B
/
Total Assets
1.1T

ROA Across Competitors

ROA Comparison
NGK Insulators Ltd Competitors

Country JP
Market Cap 600B JPY
ROA
4%
Country SE
Market Cap 874B SEK
ROA
16%
Country US
Market Cap 75B USD
ROA
19%
Country US
Market Cap 68.7B USD
ROA
9%
Country US
Market Cap 38.7B USD
ROA
14%
Country US
Market Cap 35.7B USD
ROA
5%
Country JP
Market Cap 4.9T JPY
ROA
10%
Country US
Market Cap 30.9B USD
ROA
5%
Country JP
Market Cap 4.6T JPY
ROA
4%
Country US
Market Cap 27.9B USD
ROA
5%
Country SE
Market Cap 297.4B SEK
ROA
9%

Profitability Report

View the profitability report to see the full profitability analysis for NGK Insulators 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
3.6%
=
Net Income
37.3B
/
Total Assets
1.1T
What is the ROA of NGK Insulators Ltd?

Based on NGK Insulators Ltd's most recent financial statements, the company has ROA of 3.6%.