Reliance Capital Ret. on assets
What is the Ret. on assets of Reliance Capital?
The Ret. on assets of Reliance Capital Limited is -4.51%
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 Finance sector on NSE compared to Reliance Capital
What does Reliance Capital do?
Reliance Capital Limited, a non-banking financial company, primarily engages in lending and investing activities in India. It operates through Finance & Investment, General Insurance, Life Insurance, Commercial Finance, and Others segments. The company offers life, health, and general insurance products; brokerage and distribution services, including equities, commodities and derivatives, wealth management services, portfolio management services, and financial products; and commercial finance services, such mortgages, loans against property, SME loans, loans for vehicles, loans for construction equipment, business loans, infrastructure financing, and retail finance. It also provides asset reconstruction, and proprietary investments services, as well as other financial and allied services. The company was formerly known as Reliance Capital & Finance Trust Limited and changed its name to Reliance Capital Limited in January 1995. Reliance Capital Limited was incorporated in 1986 and is based in Mumbai, India.
Companies with ret. on assets similar to Reliance Capital
- Morarjee Textiles has Ret. on assets of -4.52%
- Aberdeen Japan Investment Trust Plc has Ret. on assets of -4.52%
- Healthcare Realty Trust Inc has Ret. on assets of -4.52%
- Xinhua News Media has Ret. on assets of -4.52%
- North American Nickel has Ret. on assets of -4.51%
- Taronis Fuels has Ret. on assets of -4.51%
- Reliance Capital has Ret. on assets of -4.51%
- Rediff.com India has Ret. on assets of -4.51%
- Rediff.com India has Ret. on assets of -4.51%
- Rediff.com India has Ret. on assets of -4.51%
- Strike has Ret. on assets of -4.50%
- Tilaknagar Industries has Ret. on assets of -4.50%
- Hurco Companies has Ret. on assets of -4.50%