Aban Offshore Ret. on assets
What is the Ret. on assets of Aban Offshore?
The Ret. on assets of Aban Offshore Limited is -5.72%
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 Energy sector on BSE compared to Aban Offshore
What does Aban Offshore do?
Aban Offshore Limited, together with its subsidiaries, provides offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas in India and internationally. It offers exploratory, drilling, hydrocarbons production, and manning and management services. The company owns and operates a portfolio of assets, including jack-ups, floaters/drill ships, and floating production units. It also engages in the ownership and operation of wind turbines for the generation of wind power. The company's wind farms are located at Radhapuram, Pazhavoor, and Kavalkinaru in Tirunelveli District, Tamil Nadu. Aban Offshore Limited was incorporated in 1986 and is based in Chennai, India.
Companies with ret. on assets similar to Aban Offshore
- Mercury Systems Inc has Ret. on assets of -5.74%
- Firm Capital Apartment Real Estate Investment Trust has Ret. on assets of -5.74%
- WisdomTree Japan Multifactor Fund has Ret. on assets of -5.72%
- Big River Gold has Ret. on assets of -5.72%
- Tu Yi has Ret. on assets of -5.72%
- Affirm has Ret. on assets of -5.72%
- Aban Offshore has Ret. on assets of -5.72%
- E.W. Scripps Co has Ret. on assets of -5.72%
- U Banquet has Ret. on assets of -5.71%
- Beijing Tianyishangjia New Material has Ret. on assets of -5.71%
- Ark Restaurants has Ret. on assets of -5.71%
- Metallum Resources has Ret. on assets of -5.71%
- Tilray Brands Inc has Ret. on assets of -5.71%