Financial Definition of Return On Assets (Roa)
Meaning of Return On Assets (Roa)
Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets).
Related Entries of Return On Assets (Roa) in the Encyclopedia of Law Project
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Return On Assets (Roa) in Historical Law
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Legal Abbreviations and Acronyms
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