First Time Loading...

NEC Corp
TSE:6701

Watchlist Manager
NEC Corp Logo
NEC Corp
TSE:6701
Watchlist
Price: 11 020 JPY 2.27% Market Closed
Updated: Apr 25, 2024

ROA
Return on Assets

3.1%
Current
4%
Average
0.2%
Industry
Positive for the last year
3.1%
Positive average
4%
Worse 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
3.1%
=
Net Income
122.2B
/
Total Assets
4T

ROA Across Competitors

ROA Comparison
NEC Corp Competitors

Country JP
Market Cap 2.9T JPY
ROA
3%
Country IE
Market Cap 197.3B USD
ROA
14%
Country US
Market Cap 168.5B USD
ROA
6%
Country IN
Market Cap 13.9T INR
ROA
30%
Country IN
Market Cap 5.9T INR
ROA
19%
Country IN
Market Cap 4.1T INR
ROA
17%
Country FR
Market Cap 35.4B EUR
ROA
7%
Country US
Market Cap 35.3B USD
ROA
12%
Country US
Market Cap 33.6B USD
ROA
12%
Country JP
Market Cap 4.7T JPY
ROA
4%
Country IN
Market Cap 2.4T INR
ROA
10%

Profitability Report

View the profitability report to see the full profitability analysis for NEC 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
3.1%
=
Net Income
122.2B
/
Total Assets
4T
What is the ROA of NEC Corp?

Based on NEC Corp's most recent financial statements, the company has ROA of 3.1%.