Forbes Ret. on assets
What is the Ret. on assets of Forbes?
The Ret. on assets of Forbes & Company Limited is -1.42%
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 Industrials sector on BSE compared to Forbes
What does Forbes do?
Forbes & Company Limited manufactures, sells, and rents health, hygiene, and safety products in India and internationally. The company engages in manufacturing, selling, renting, and servicing vacuum cleaners, water filter cum purifiers, water and waste water treatment plants; and trading electronic air cleaning systems, small household appliances, digital security systems, fire extinguishers, etc. It also manufactures and trades in precision cutting tools, spring lock washers, and marking systems. In addition, the company offers note counting machines, electronic cash registers, point of sale machines, and various types of kiosks; Forbes Xpress that comprise sale of mobile recharge, and bill payments and money transfer; and transaction network and services, including maintenance, servicing and support services for kiosks and other devices. Further, it is involved in the real estate development activities, as well as rents out investment properties. Additionally, the company engages in the business of ship owners, charterers, etc. The company was founded in 1767 and is based in Mumbai, India. Forbes & Company Limited is a subsidiary of Shapoorji Pallonji and Company Private Limited.
Companies with ret. on assets similar to Forbes
- Baker Hughes has Ret. on assets of -1.43%
- China Goldjoy has Ret. on assets of -1.43%
- CAR has Ret. on assets of -1.43%
- Atlas Jewellery India has Ret. on assets of -1.43%
- Zoned Properties has Ret. on assets of -1.43%
- AGTech has Ret. on assets of -1.43%
- Forbes has Ret. on assets of -1.42%
- Asiasec Properties has Ret. on assets of -1.42%
- Paragon ID SA has Ret. on assets of -1.42%
- Yext Inc has Ret. on assets of -1.42%
- Avalon Advanced Materials has Ret. on assets of -1.41%
- Rajshree Sugars and Chemicals has Ret. on assets of -1.41%
- Imagi International has Ret. on assets of -1.41%