Steelcast Limited Stock Return On Asset

STEELCAS   799.60  25.15  3.25%   
Steelcast Limited fundamentals help investors to digest information that contributes to Steelcast's financial success or failures. It also enables traders to predict the movement of Steelcast Stock. The fundamental analysis module provides a way to measure Steelcast's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Steelcast stock.
  
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Steelcast Limited Company Return On Asset Analysis

Steelcast's 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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Steelcast Return On Asset

    
  0.2  
Most of Steelcast's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Steelcast Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Steelcast Total Assets

Total Assets

2.18 Billion

At present, Steelcast's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Steelcast Limited has a Return On Asset of 0.1974. This is 73.32% lower than that of the Metals & Mining sector and 95.85% lower than that of the Materials industry. The return on asset for all India stocks is notably lower than that of the firm.

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Steelcast Fundamentals

About Steelcast Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Steelcast Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Steelcast using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Steelcast Limited 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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Other Information on Investing in Steelcast Stock

Steelcast financial ratios help investors to determine whether Steelcast Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Steelcast with respect to the benefits of owning Steelcast security.