Quick tip: If a company's ROA is increasing over time, it's usually a good sign that the efficiency of its operations is improving. Here's an example of how to use data from Nike's financial ...
However, ROA doesn’t exist in a vacuum, and it isn’t an absolute measure. Different industries, for example, tend to have ...
What is Return on Assets (ROA)? Not all profit means the same thing. If a kid's lemonade stand generates $1,000 in profit in one day, for example, that's likely a more impressive use of resources ...