Return on Asset
Return on Asset Formula |
| \( ROA \;=\; \dfrac{ NI }{ TA } \) |
| Symbol |
| \( ROA \) = return on asset |
| \( NI \) = net income |
| \( TA \) = total asset |
Return on asset, abbreviated as ROA, is a company's net income divided by its average total assets.
