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Nichias Corp
TSE:5393

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Nichias Corp
TSE:5393
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Price: 3 990 JPY -1.36% Market Closed
Updated: Apr 19, 2024

ROA
Return on Assets

8.8%
Current
8%
Average
4%
Industry
Positive for the last year
8.8%
Positive average
8%
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
8.8%
=
Net Income
23.7B
/
Total Assets
273.2B

ROA Across Competitors

ROA Comparison
Nichias Corp Competitors

Country JP
Market Cap 264.7B JPY
ROA
9%
Country IE
Market Cap 66.3B USD
ROA
11%
Country US
Market Cap 45B USD
ROA
5%
Country IE
Market Cap 43.5B USD
ROA
5%
Country FR
Market Cap 35.3B EUR
ROA
5%
Country JP
Market Cap 5.6T JPY
ROA
5%
Country SE
Market Cap 337.8B SEK
ROA
8%
Country US
Market Cap 21.7B USD
ROA
15%
Country CH
Market Cap 16.2B CHF
ROA
18%
Country US
Market Cap 17.5B USD
ROA
11%
Country US
Market Cap 16.4B USD
ROA
22%

Profitability Report

View the profitability report to see the full profitability analysis for Nichias 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
8.8%
=
Net Income
23.7B
/
Total Assets
273.2B
What is the ROA of Nichias Corp?

Based on Nichias Corp's most recent financial statements, the company has ROA of 8.8%.