3M India Ret. on assets
What is the Ret. on assets of 3M India?
The Ret. on assets of 3M India Limited is 11.30%
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 BSE compared to 3M India
What does 3M India do?
3M India Limited engages in the manufacture and trade of various products for industrial, health care, consumer, safety and graphics, and electronics and energy markets in India. The company operates in four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offers vinyl, polyester, foil and specialty industrial tapes, adhesives, and other specialty materials; functional and decorative graphics; masking tapes; and abrasion-resistant films. This segment serves original equipment manufacturer and automotive aftermarket, electronics, appliance, and roofing granules. Its Health Care segment provides medical and surgical supplies, medical devices, drug delivery systems, dental and orthodontic products, and food safety products, as well as skin and wound care, and infection prevention products and solutions. The company Transportation and Electronics segment offers personal protection products; asset protection solutions; border control products; passive fire protection for industries and commercial; track and trace products; cleaning and hygiene products for the hospitality industry; traffic safety systems; commercial graphics; architectural markets; and mobile interactive solutions. Its Consumer segment provides office supply, stationery, home care, and protective material products for consumer retail, modern trade, and other retail channels. The company also exports its products. It serves automotive, commercial solutions, consumer, design and construction, electronics, energy, health care, manufacturing, mining, oil and gas, safety, and transportation industries. 3M India Limited was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited is a subsidiary of 3M Company, USA.
Companies with ret. on assets similar to 3M India
- ReposiTrak has Ret. on assets of 11.28%
- China Chunlai Education Co has Ret. on assets of 11.28%
- BF Utilities has Ret. on assets of 11.28%
- Bisalloy Steel has Ret. on assets of 11.29%
- CyberTech Systems and Software has Ret. on assets of 11.30%
- International Paper APPM has Ret. on assets of 11.30%
- 3M India has Ret. on assets of 11.30%
- Kriti Nutrients has Ret. on assets of 11.30%
- Yancoal Australia Ltd has Ret. on assets of 11.31%
- Yancoal Australia Ltd has Ret. on assets of 11.31%
- Sunland has Ret. on assets of 11.33%
- Laurus Labs has Ret. on assets of 11.33%
- High Batteries (India) has Ret. on assets of 11.33%