## About Return on Assets Ratio Calculator

The Return on Assets Ratio Calculator is used to calculate the return on assets (ROA) ratio.

## Return on Assets Definition

The return on assets (ROA) percentage is a financial ratio indicating how profitable a company is relative to its total assets. ROA is an indicator of how profitable a company is before leverage, and is compared with companies in the same industry. It is also referred to as “return on investment”.

## Return on Assets Formula

The return on assets ratio calculation formula is as follows:

Return on Assets = Net Income / Total Assets

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