Nalwa Sons Investments Ret. on assets
What is the Ret. on assets of Nalwa Sons Investments?
The Ret. on assets of Nalwa Sons Investments Limited is 0.86%
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 Nalwa Sons Investments
What does Nalwa Sons Investments do?
Nalwa Sons Investments Limited, a non-banking financial company, engages in the investment and financing business in India. The company operates through two segments, Investment & Finance, and Trading of Goods. It primarily holds investments in equity shares of steel manufacturing companies of O.P. Jindal Group. The company was formerly known as Jindal Strips Limited. Nalwa Sons Investments Limited was incorporated in 1970 and is based in New Delhi, India.
Companies with ret. on assets similar to Nalwa Sons Investments
- Selan Exploration Technology has Ret. on assets of 0.86%
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- Nalwa Sons Investments has Ret. on assets of 0.86%
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