GB Global Ret. on assets

What is the Ret. on assets of GB Global?

The Ret. on assets of GB Global Limited is -9.26%

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 Consumer Discretionary sector on NSE compared to GB Global

What does GB Global do?

GB Global Limited manufactures and sells textiles and garments in India. The company is involved in the yarn dyeing, weaving, printing, and processing activities. It also exports its products. The company was formerly known as Mandhana Industries Limited and changed its name to GB Global Limited in August 2019. GB Global Limited was incorporated in 1984 and is based in Mumbai, India.

Companies with ret. on assets similar to GB Global

Kairos Minerals has Ret. on assets of -9.27%
BigCommerce has Ret. on assets of -9.27%
Franco-Nevada has Ret. on assets of -9.27%
Red White & Bloom Brands Inc has Ret. on assets of -9.26%
Accent Resources NL has Ret. on assets of -9.26%
Medicure has Ret. on assets of -9.26%
GB Global has Ret. on assets of -9.26%
K9 Gold has Ret. on assets of -9.26%
AVZ Minerals has Ret. on assets of -9.26%
Acasti Pharma has Ret. on assets of -9.25%
Stria Lithium has Ret. on assets of -9.25%
Northeast Electric Development has Ret. on assets of -9.25%
SLM Solutions AG has Ret. on assets of -9.25%