Zenith Birla (India) Ret. on assets
What is the Ret. on assets of Zenith Birla (India)?
The Ret. on assets of Zenith Birla (India) Limited is -7.10%
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 Industrials sector on NSE compared to Zenith Birla (India)
What does Zenith Birla (India) do?
Zenith Birla (India) Limited manufactures and sells steel pipes in India. Its products include electric resistance welded black, galvanized, and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, space frame, fence, transportation of raw and potable water, sprinkler, firefighting system, industrial general engineering, pole, piling, drill rod, chilled water system, container making, transmission tower, ash/slurry transportation, bore-well, structural scaffolding and prop, transportation of oil and gas, electricity conduit, construction water distribution, green house, crude, transportation of sewage disposal irrigation, and oil sector distribution of gas, as well as auto industry. It also exports its products to 79 countries. Zenith Birla (India) Limited was incorporated in 1960 and is based in Mumbai, India.
Companies with ret. on assets similar to Zenith Birla (India)
- Enel Generacion Chile S.A has Ret. on assets of -7.11%
- Enel Generacion Chile S.A has Ret. on assets of -7.11%
- Enel Generacion Chile S.A has Ret. on assets of -7.11%
- Novra Technologies has Ret. on assets of -7.11%
- Aktienbrauerei Kaufbeuren AG has Ret. on assets of -7.10%
- CooTek (Cayman) Inc has Ret. on assets of -7.10%
- Zenith Birla (India) has Ret. on assets of -7.10%
- Yield Go has Ret. on assets of -7.10%
- Royale Furniture has Ret. on assets of -7.10%
- Time Out plc has Ret. on assets of -7.09%
- Nanoxplore Inc has Ret. on assets of -7.09%
- NanoXplore has Ret. on assets of -7.09%
- Search Minerals has Ret. on assets of -7.09%