Return on Assets (%)


  • Id: return_on_asset
  • Type: fundamentals
  • Subtype: ratios
  • Units: percentage
  • Decimal Points: 2
  • Currency Convertible: No
  • Tags: “return on assets”, “ROA”, “return on total assets”, “asset profitability”, “asset efficiency”


Return on Assets is a way to measure how profitable a company is relative to its total assets. It shows how much net income a company earns for every dollar of assets it owns. Assets are the resources that a company uses to operate its business, such as cash, inventory, equipment, and intellectual property. Return on Assets can help managers, analysts, and investors evaluate how efficiently a company uses its assets to generate earnings. The formula for Return on Assets is:
Return on Assets = (TTM Net Income / Average Total Assets) * 100
Where: - TTM Net Income is TM002, ttm_net_inc - Average Total Assets is BS036, bs_tot_asset