IndoStar Capital Finance Ret. on assets
What is the Ret. on assets of IndoStar Capital Finance?
The Ret. on assets of IndoStar Capital Finance Limited is -2.74%
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 Finance sector on NSE compared to IndoStar Capital Finance
What does IndoStar Capital Finance do?
IndoStar Capital Finance Limited, a non-banking financial company, engages in the provision of various financing services to corporates, small and medium enterprises (SMEs), and individual customers in India. The company operates through four segments: Large Corporate, SME, Commercial Vehicle, and Housing Finance. It offers vehicle finance services, including loans for commercial vehicles, farm equipment, four and two-wheelers, and construction equipment, as well as housing finance. The company also provides SME lending products for working capital, business expansion, or any other financing requirement; and corporate lending products, including secured corporate lending, real estate financing, capital market financing, special situation and acquisition financing, and debt capital market solutions. It operates through 404 branches in 22 states across India. The company was incorporated in 2009 and is based in Mumbai, India. IndoStar Capital Finance Limited is a subsidiary of BCP V Multiple Holdings Pte. Ltd.
Companies with ret. on assets similar to IndoStar Capital Finance
- Hampton Hill Mining NL has Ret. on assets of -2.76%
- New York Community Bancorp has Ret. on assets of -2.75%
- HighGold Mining has Ret. on assets of -2.75%
- Beijing Media has Ret. on assets of -2.75%
- Reabold Resources Plc has Ret. on assets of -2.75%
- Nabors Industries Ltd has Ret. on assets of -2.74%
- IndoStar Capital Finance has Ret. on assets of -2.74%
- Craft Brew Alliance has Ret. on assets of -2.74%
- Warrego has Ret. on assets of -2.74%
- Village Roadshow has Ret. on assets of -2.74%
- Narnia (Hong Kong) has Ret. on assets of -2.74%
- Cango Inc has Ret. on assets of -2.73%
- Amex Exploration has Ret. on assets of -2.73%