RELIANCE Return On Asset

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RELIANCE -- India Stock  

INR 1,464  7.85  0.53%

RELIANCE INDS return on asset fundamental analysis lookup allows you to check this and other indicators for RELIANCE INDS or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools

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RELIANCE Return On Asset Analysis

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Reliance Industries Limited engages in the hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, textile, and digital service businesses worldwide. The company was incorporated in 1973 and is based in Mumbai, India. RELIANCE INDS operates under Oil Gas Refining Marketing classification in India and is traded on National Stock Exchange of India.
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
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Current RELIANCE INDS Return On Asset

3.80 

About Return On Asset

Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Compare to competition
Based on latest financial disclosure RELIANCE INDS has Return On Asset of 3.8%. This is 9400.0% higher than that of the Energy sector, and 15.5% higher than that of Oil & Gas Refining & Marketing industry, The Return On Asset for all stocks is 2814.29% lower than the firm.

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RELIANCE Fundamentals

About RELIANCE INDS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze RELIANCE INDS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RELIANCE INDS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RELIANCE INDS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way. Please read more on our fundamental analysis page.

 
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