Honeywell Automation India Ret. on assets
What is the Ret. on assets of Honeywell Automation India?
The Ret. on assets of Honeywell Automation India Limited is 6.20%
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 Industrials sector on NSE compared to Honeywell Automation India
What does Honeywell Automation India do?
Honeywell Automation India Limited provides integrated automation and control systems in India and internationally. The company manufactures and sells electronic systems and components; and trades in, repairs, and maintains machinery, equipment, and supplies. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, and integrated security and building management systems, as well as aftermarket services for various control systems; and utilities' operations and maintenance services for mechanical and electrical systems in buildings. In addition, the company offers project engineering and software development services; engineering, sourcing, manufacturing, testing, project management, and systems design services; lifecycle and technology migration services; and industrial cyber security services. Further, it engages in the sensing and internet of things activities. The company was incorporated in 1984 and is based in Pune, India. Honeywell Automation India Limited is a subsidiary of HAIL Mauritius Limited.
Companies with ret. on assets similar to Honeywell Automation India
- Corning has Ret. on assets of 6.19%
- Fielmann AG has Ret. on assets of 6.19%
- Zota Health Care has Ret. on assets of 6.19%
- Maan Aluminium has Ret. on assets of 6.19%
- Trio Industrial Electronics has Ret. on assets of 6.20%
- Xinghua Port has Ret. on assets of 6.20%
- Honeywell Automation India has Ret. on assets of 6.20%
- Corero Network Security plc has Ret. on assets of 6.20%
- Holcim Philippines has Ret. on assets of 6.20%
- Coral India Finance and Housing has Ret. on assets of 6.21%
- Blackmores has Ret. on assets of 6.21%
- Circa Enterprises has Ret. on assets of 6.21%
- EEKA Fashion has Ret. on assets of 6.21%