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Shirpur Gold Refinery Ret. on assets

What is the Ret. on assets of Shirpur Gold Refinery?

The Ret. on assets of Shirpur Gold Refinery Limited is 0.36%

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 Materials sector on NSE compared to Shirpur Gold Refinery

What does Shirpur Gold Refinery do?

Shirpur Gold Refinery Limited, together with its subsidiaries, engages in refining, manufacturing, trading, and marketing of precious metal products in India. The company offers gold bars, gold coins, and gold jewelry. It also exports its gold jewelry. The company was formerly known as Agee Gold Refiners Limited and changed its name to Shirpur Gold Refinery Limited in March 2002. Shirpur Gold Refinery Limited was incorporated in 1984 and is based in Mumbai, India.

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