Aban Offshore Ret. on assets
What is the Ret. on assets of Aban Offshore?
The Ret. on assets of Aban Offshore Limited is -2.70%
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 Energy sector on NSE compared to Aban Offshore
What does Aban Offshore do?
Aban Offshore Limited, together with its subsidiaries, provides offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas in India and internationally. It offers exploratory, drilling, hydrocarbons production, and manning and management services. The company owns and operates various offshore drilling rigs, drill ships, and floating production units. It also engages in the ownership and operation of wind turbines for the generation of wind power. The company's wind farms are located at Radhapuram, Pazhavoor, and Kavalkinaru in Tirunelveli District, Tamil Nadu. Aban Offshore Limited was incorporated in 1986 and is based in Chennai, India.
Companies with ret. on assets similar to Aban Offshore
- RE Royalties has Ret. on assets of -2.71%
- Custom Truck One Source Inc has Ret. on assets of -2.71%
- Gemdale Properties and Investment has Ret. on assets of -2.71%
- Cheetah Mobile Inc has Ret. on assets of -2.71%
- KML Technology has Ret. on assets of -2.71%
- Enteq Upstream Plc has Ret. on assets of -2.71%
- Aban Offshore has Ret. on assets of -2.70%
- Challenger Exploration has Ret. on assets of -2.70%
- Exact Sciences has Ret. on assets of -2.70%
- Riverside Resources has Ret. on assets of -2.70%
- Clearfield Inc has Ret. on assets of -2.70%
- Fusen Pharmaceutical has Ret. on assets of -2.69%
- Horizonte Minerals Plc has Ret. on assets of -2.69%