SEL Manufacturing Ret. on assets
What is the Ret. on assets of SEL Manufacturing?
The Ret. on assets of SEL Manufacturing Company Limited is -7.31%
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 Consumer Discretionary sector on NSE compared to SEL Manufacturing
What does SEL Manufacturing do?
SEL Manufacturing Company Limited, an integrated textile company, engages in the spinning, knitting, and processing of yarns and fabrics in India and internationally. The company offers cotton combed/carded knitting yarns, slub yarns, organic cotton yarns, poly/cotton blends, TFO double yarns, elitwist yarns, compact yarns, polyester/viscose blended yarns, cotton/modal blends, cotton bamboo blends, zero twist yarns, and melange yarns. It also provides terry towels, including beach, bath, kitchen, Christmas, and embroidered/embellished towels, as well as terry made ups; and readymade garments, such as T-shirts, tops, inner wears, night suits, boxers, sweaters, etc. for men and boys, and women and girls, as well as infants, toddlers, and kids. In addition, the company offers knitted fabrics consisting of single jersey, pique, sheer jersey, interlock, waffle, ottoman, flat back rib, yarn dyed striper, mini-jacquard, electronic jacquard, velour, pointel, suede, rib, variegated rib, cotton fleece, and polyester fleece fabrics, as well as knitted garments, processed fabrics, and various kinds of yarn. SEL Manufacturing Company Limited was founded in 1969 and is based in Ludhiana, India.
Companies with ret. on assets similar to SEL Manufacturing
- Sam Woo Construction has Ret. on assets of -7.32%
- Fullsun International Co has Ret. on assets of -7.32%
- Tu Yi Co Ltd has Ret. on assets of -7.32%
- KLDiscovery has Ret. on assets of -7.31%
- Kin Pang has Ret. on assets of -7.31%
- Alcidion has Ret. on assets of -7.31%
- SEL Manufacturing has Ret. on assets of -7.31%
- Archos S.A has Ret. on assets of -7.30%
- Polo Resources has Ret. on assets of -7.30%
- Pexip Asa Pexip has Ret. on assets of -7.30%
- Sintex Plastics Technology has Ret. on assets of -7.30%
- Elementos has Ret. on assets of -7.30%
- Praxis Home Retail has Ret. on assets of -7.28%