Return on assets: the meaning
How much the company earns from its normal business on everything it owns.
Also called ROA. Because operating profit is before interest and taxes, funding plays no role.
How to read it
Above 5 percent is decent. Independent of funding, so good for comparing companies.
On Nummo you find this figure in the Figures tab of every company that filed annual accounts, over the years. In the tables, a small card gives this explanation in short.
How to calculate it
operating profit ÷ total assets (in belgian annual accounts: 9901 ÷ 20/58)
The item numbers follow the official format of Belgian annual accounts, which builds on the European Accounting Directive.
More: Return on assets (ROA): formula and example →
Was this helpful?