Binani Industries Ret. on assets
What is the Ret. on assets of Binani Industries?
The Ret. on assets of Binani Industries Limited is -0.82%
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 Materials sector on NSE compared to Binani Industries
What does Binani Industries do?
Binani Industries Limited, through its subsidiaries, provides media and publication services in India and internationally. It operates through Media, Logistics, Zinc and by Products, Glass Fiber, and Other Products segments. The company publishes a portfolio of trade journals, which provide information on the happenings in the metals, construction, and infrastructure industries, such as Minerals and Metals Review, a monthly magazine; Minerals and Metals Review Weekly, a tabloid that provides weekly wrap-up and updates on metal and market prices, trade intelligence, crucial industry issues, and news; Metals Today Daily, a daily electronic newsletter; and Construction Industry Review, a weekly tabloid, as well as organizes trade events, seminars, workshops, conferences, and exhibitions. It also trades in shares and securities; and offers ordinary Portland cement, Pozzolona Portland cement, and ground granulated blast-furnace slag, as well as develops and supplies fiberglass products and technologies for the reinforcement of thermoplastics and thermosets, and high-grade glass fiber. In addition, the company provides engineering, procurement, and construction services; consultancy and engineering services; and manufacturing services. Further, it is also involved in infrastructure activities; provision of manpower management services; and mining of minerals, as well as provides zinc and metals allied products. Binani Industries Limited was founded in 1872 and is based in Mumbai, India.
Companies with ret. on assets similar to Binani Industries
- Jade Road Investments has Ret. on assets of -0.83%
- Sports Ventures Acquisition has Ret. on assets of -0.83%
- Satin Creditcare Network has Ret. on assets of -0.83%
- Nevada Copper has Ret. on assets of -0.83%
- China Modern Dairy has Ret. on assets of -0.83%
- China Southern Airlines has Ret. on assets of -0.82%
- Binani Industries has Ret. on assets of -0.82%
- Cincinnati Bell has Ret. on assets of -0.82%
- Pinecrest Resources has Ret. on assets of -0.82%
- Owens & Minor has Ret. on assets of -0.82%
- PS&C has Ret. on assets of -0.82%
- Redflex has Ret. on assets of -0.82%
- Serviceware SE has Ret. on assets of -0.81%