Surat Textile Fundamental Relationships

SURATEX -- India Stock  

INR 2.65  0.04  1.49%

The Drivers Module shows relationships between Surat Textile's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Surat Textile Mills Limited over time as well as its relative position and ranking within its peers. Also please take a look at World Market Map.

Surat Textile Mills Return On Asset vs. Working Capital Fundamental Analysis

Surat Textile Mills Limited is currently regarded as top stock in working capital category among related companies. It is currently regarded as top stock in return on asset category among related companies . The ratio of Working Capital to Return On Asset for Surat Textile Mills Limited is about  108,133,971 
Working Capital is measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Surat Textile 
Working Capital 
 = 
Current Assets 
Current Liabilities 
=
678 M
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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.
Surat Textile 
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
=
6.27 %
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.

Surat Textile Mills Return On Asset Comparison

Surat Textile is currently under evaluation in return on asset category among related companies.
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