Binny Ret. on assets

What is the Ret. on assets of Binny?

The Ret. on assets of Binny Limited is 1.90%

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 Real Estate sector on BSE compared to Binny

What does Binny do?

Binny Limited operates in the real estate business in India. It focuses on developing a portfolio of commercial, retail, entertainment, and hospitality properties. The company was founded in 1799 and is based in Chennai, India.

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