Abbott India Ret. on assets
What is the Ret. on assets of Abbott India?
The Ret. on assets of Abbott India Limited is 15.90%
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 Health Care sector on NSE compared to Abbott India
What does Abbott India do?
Abbott India Limited operates as a pharmaceutical company in India. It offers pharmaceutical products for various therapeutic areas, such as women's health, gastroenterology, metabolic, central nervous system, pain management, nutritional supplements, vitamins, insomnia, vaccines, consumer health, etc. The company was formerly known as Knoll Pharmaceuticals Limited and changed its name to Abbott India Limited in July 2002. Abbott India Limited was incorporated in 1944 and is headquartered in Mumbai, India. Abbott India Limited is a subsidiary of Abbott Capital India Limited.
Companies with ret. on assets similar to Abbott India
- Sartorius Stedim Biotech SA has Ret. on assets of 15.87%
- CRISIL has Ret. on assets of 15.88%
- Lowe`s Cos has Ret. on assets of 15.88%
- Autozone has Ret. on assets of 15.88%
- Powell Industries has Ret. on assets of 15.89%
- K+S AG has Ret. on assets of 15.89%
- Abbott India has Ret. on assets of 15.90%
- West Coast Paper Mills has Ret. on assets of 15.91%
- Vita Life Sciences has Ret. on assets of 15.92%
- Pantheon International Plc has Ret. on assets of 15.94%
- AllianceBernstein Lp has Ret. on assets of 15.94%
- Virco Manufacturing has Ret. on assets of 15.94%
- eClerx Services has Ret. on assets of 15.95%