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return on assets

   Also found in: Medical, Acronyms, Wikipedia 0.06 sec.
Return on assets (ROA)
Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets).

return on assets (ROA)


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