Are there any emerging metrics that might complement or even replace ROA in the future?

Generally, a higher ROA is preferable as it indicates that the company is more efficiently converting its assets into profits. Here are some general guidelines ... Jan 29, 2015 ... If you look at it from an investor's perspective, there are a few tried and true metrics like Net Income and P/E Ratio that can be useful for ... ROA refers to a financial ratio that indicates how profitable a company is in relation to its total assets. This comparison states that the greater the ratio will be better. This is due to the company's good performance can generate a significant net profit through ... This ratio is a key indicator of a company's operational efficiency and profitability, providing insights into how well management is utilizing the ... Apr 6, 2024 ... A good ROA varies by industry due to different asset intensities and operational models. Generally, an ROA higher than the industry average ... Mar 26, 2016 ... A good part of a business's net income for the year could be due to financial leverage. Here's how to calculate the return on assets (ROA) ... Aug 30, 2023 ... Typically, a 'good' ROA for a company could be anything between 5% and 20%. You might find that a company in one sector, such as an industrial ... Feb 14, 2021 ... A great advantage in the use of ratios during profitability analysis is also simplicity, since only basic financial data is needed for ... Sep 2, 2021 ... ROA is ratio, usually shown as a percentage. The higher it is ... What is a Good ROA? ‍. A ROA value less than 5% is considered bad for ...