Return on Assets

Definition

ROA. A measure of a company's profitability, equal to a fiscal year's earnings divided by its total assets, expressed as a percentage.

Use Return on Assets in a sentence

We would be getting a return on assets, but I reminded everyone that it meant we might have to close our doors.

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The return on assets ratio was used to gain an understanding of the usefulness of the property plant and machinery.

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Our return on assets was the highest it had been in over a decade, and management gave out a generous bonus that year to celebrate the news.

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Piotroski score cash return on assets ratio