The Return on Assets Ratio Calculator is used to calculate the return on assets (ROA) ratio.
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”.
The return on assets ratio calculation formula is as follows:
Return on Assets = Net Income / Total Assets