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. R.O.A. can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets).
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. r.o.a. can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets).