Return on Assets Ratio Calculator - Glossary:Using our return on assets ratio calculator, helps to compare, measure, understand the overall health of the business.
Return on Assets:Shows the proportion of net income to average total assets. In simple words, how efficiently a company can convert the money used to purchase assets into net income or profits.
How to calculate?Formula: Return on Assets (ROA) = Net Income / Total Assets.
The values for net income can be obtained from income statement and total assets value from the balance sheet.