First Time Loading...

Nikkato Corp
TSE:5367

Watchlist Manager
Nikkato Corp Logo
Nikkato Corp
TSE:5367
Watchlist
Price: 582 JPY 1.04% Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

4.1%
Current
4%
Average
3.6%
Industry
Positive for the last year
4.1%
Positive average
4%
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
4.1%
=
Net Income
676.6m
/
Total Assets
16.8B

ROA Across Competitors

ROA Comparison
Nikkato Corp Competitors

Country JP
Market Cap 6.9B JPY
ROA
4%
Country SE
Market Cap 889.6B SEK
ROA
16%
Country US
Market Cap 74.5B USD
ROA
19%
Country US
Market Cap 69.1B USD
ROA
9%
Country US
Market Cap 38.8B USD
ROA
14%
Country US
Market Cap 35.9B USD
ROA
5%
Country JP
Market Cap 5.2T JPY
ROA
10%
Country US
Market Cap 30.7B USD
ROA
5%
Country JP
Market Cap 4.7T JPY
ROA
4%
Country US
Market Cap 28.1B USD
ROA
5%
Country SE
Market Cap 300.9B SEK
ROA
9%

Profitability Report

View the profitability report to see the full profitability analysis for Nikkato Corp.

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
4.1%
=
Net Income
676.6m
/
Total Assets
16.8B
What is the ROA of Nikkato Corp?

Based on Nikkato Corp's most recent financial statements, the company has ROA of 4.1%.