Magma Fincorp Ret. on assets
What is the Ret. on assets of Magma Fincorp?
The Ret. on assets of Magma Fincorp Limited is -3.93%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) 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. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Finance sector on NSE compared to Magma Fincorp
What does Magma Fincorp do?
Magma Fincorp Limited, a non-banking financial company, provides asset finance services in India. The company offers loans for cars, SMEs, construction equipment, commercial vehicles, tractors, and used vehicles. It also provides housing finance; and auto leasing services. The company operates a network of 314 branches. Magma Fincorp Limited was incorporated in 1978 and is headquartered in Mumbai, India.
Companies with ret. on assets similar to Magma Fincorp
- Dongwu Cement International has Ret. on assets of -3.94%
- Xiezhong International has Ret. on assets of -3.94%
- Coro Plc has Ret. on assets of -3.94%
- Evergreen International has Ret. on assets of -3.94%
- Pennant International plc has Ret. on assets of -3.94%
- Vita 34 AG has Ret. on assets of -3.93%
- Magma Fincorp has Ret. on assets of -3.93%
- Star Royalties has Ret. on assets of -3.93%
- NFI has Ret. on assets of -3.93%
- Ballarpur Industries has Ret. on assets of -3.93%
- Newcore Gold has Ret. on assets of -3.92%
- Bharat Agri Fert and Realty has Ret. on assets of -3.92%
- Transgene Biotek has Ret. on assets of -3.92%