ROA (Return on Assets)
Net profit divided by total assets at the fiscal year end. Unlike ROE, borrowing does not raise it, so it shows the profit earned on everything a company owns.
Formula: ROA = Net profit attributable to owners / Total assets
Net profit divided by total assets at the fiscal year end. Unlike ROE, borrowing does not raise it, so it shows the profit earned on everything a company owns.
Formula: ROA = Net profit attributable to owners / Total assets