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NGK Spark Plug Co Ltd
TSE:5334

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NGK Spark Plug Co Ltd Logo
NGK Spark Plug Co Ltd
TSE:5334
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Price: 5 133 JPY 1.18% Market Closed
Updated: Apr 18, 2024

ROA
Return on Assets

8.3%
Current
7%
Average
3.4%
Industry
Positive for the last year
8.3%
Positive average
7%
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
8.3%
=
Net Income
75.2B
/
Total Assets
926.6B

ROA Across Competitors

ROA Comparison
NGK Spark Plug Co Ltd Competitors

Country JP
Market Cap 1T JPY
ROA
8%
Country JP
Market Cap 8.6T JPY
ROA
4%
Country IE
Market Cap 19.5B USD
ROA
13%
Country CN
Market Cap 120.9B CNY
ROA
10%
Country KR
Market Cap 21.3T KRW
ROA
6%
Country CA
Market Cap 18.9B CAD
ROA
4%
Country DE
Market Cap 12.6B EUR
ROA
3%
Country JP
Market Cap 1.9T JPY
ROA
3%
Country IN
Market Cap 888.8B INR
ROA
14%
Country JP
Market Cap 1.6T JPY
ROA
2%
Country IN
Market Cap 855.9B INR
ROA
3%

Profitability Report

View the profitability report to see the full profitability analysis for NGK Spark Plug 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
8.3%
=
Net Income
75.2B
/
Total Assets
926.6B
What is the ROA of NGK Spark Plug Co Ltd?

Based on NGK Spark Plug Co Ltd's most recent financial statements, the company has ROA of 8.3%.