Techindia Nirman Ret. on assets

What is the Ret. on assets of Techindia Nirman?

The Ret. on assets of Techindia Nirman Limited is -0.31%

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 Real Estate sector on BSE compared to Techindia Nirman

What does Techindia Nirman do?

Techindia Nirman Limited focuses in the real estate and infrastructure development businesses in India. The company was formerly known as Nath Seeds Limited. Techindia Nirman Limited was incorporated in 1980 and is based in Mumbai, India.

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