Return on Asset

Return on asset, abbreviated as ROA, is a company's net income divided by its average total assets.

 

return on asset Formula

\(\large{ ROA =  \frac{ NI }{ TA }   }\)

Symbol

\(\large{ ROA }\) = return on asset

\(\large{ NI }\) = net income

\(\large{ TA }\) = total asset