The Orissa Minerals Development Ret. on assets
What is the Ret. on assets of The Orissa Minerals Development?
The Ret. on assets of The Orissa Minerals Development Company Limited is -0.92%
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 The Orissa Minerals Development
What does The Orissa Minerals Development do?
The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It also produces and sells sponge iron. The company was incorporated in 1918 and is based in Kolkata, India. The Orissa Minerals Development Company Limited is a subsidiary of Eastern Investments Limited.
Companies with ret. on assets similar to The Orissa Minerals Development
- The Motor & General Finance has Ret. on assets of -0.92%
- Altius Renewable Royalties has Ret. on assets of -0.92%
- IFCI has Ret. on assets of -0.92%
- Omnicell has Ret. on assets of -0.92%
- Various Eateries PLC has Ret. on assets of -0.92%
- JPMorgan Japan Smaller Cos. Trust Plc has Ret. on assets of -0.92%
- The Orissa Minerals Development has Ret. on assets of -0.92%
- Bajaj Hindusthan Sugar has Ret. on assets of -0.92%
- Frontier Communications has Ret. on assets of -0.92%
- CHP Merger Corp has Ret. on assets of -0.92%
- Collective Growth has Ret. on assets of -0.92%
- Copper Fox Metals has Ret. on assets of -0.91%
- Breeze Acquisition has Ret. on assets of -0.91%