Jindal Photo Ret. on assets

What is the Ret. on assets of Jindal Photo?

The Ret. on assets of Jindal Photo Limited is -0.01%

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 Jindal Photo

What does Jindal Photo do?

Jindal Photo Limited primarily invests in the shares of companies in India. It also provides management consultancy services. The company was incorporated in 2004 and is headquartered in New Delhi, India.

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