Spentex Industries Ret. on assets
What is the Ret. on assets of Spentex Industries?
The Ret. on assets of Spentex Industries Limited is -16.75%
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 Consumer Discretionary sector on NSE compared to Spentex Industries
What does Spentex Industries do?
CLC Industries Limited, a textile company, manufactures and trades in synthetic and cotton yarns in India and internationally. It offers hosiery, weaving, carpet, and industrial yarns; sewing threads; and flat knitting products for use in home textiles and garments industry applications. The company was formerly known as Spentex Industries Limited and changed its name to CLC Industries Limited in July 2018. CLC Industries Limited was incorporated in 1991 and is based in New Delhi, India.
Companies with ret. on assets similar to Spentex Industries
- Sunniva has Ret. on assets of -16.79%
- Jangada Mines Plc has Ret. on assets of -16.78%
- BNY Mellon High Yield Strategies Fund has Ret. on assets of -16.78%
- Bloom has Ret. on assets of -16.77%
- Desert Mountain has Ret. on assets of -16.76%
- The Vitec Plc has Ret. on assets of -16.75%
- Spentex Industries has Ret. on assets of -16.75%
- Dixie Gold has Ret. on assets of -16.75%
- Resources & has Ret. on assets of -16.75%
- Mirum Pharmaceuticals Inc has Ret. on assets of -16.73%
- FinTech Chain has Ret. on assets of -16.72%
- Edinburgh Worldwide Investment Trust Plc has Ret. on assets of -16.71%
- Lion has Ret. on assets of -16.71%