Is it wrong to only look at ROA without considering other factors?

Aug 1, 2016 ... There is a sea of acronyms to measure profitability. Some are more widely known in the industry, such as ROE, ROTE or ROA. Sep 21, 2022 ... Return on Assets (ROA), Going Concern Returns, Net Income ... Essentially, the ratio gauges how good the company is at generating ... Dec 20, 2021 ... Formula: Return on assets ratio (%) = (Net profit ÷ Total assets) × 100. Aim for: 5% (good), 20% or higher (excellent). This varies by ... The calculation of this ratio requires using the absolute value of the ... Effective Date of Adoption of ASC Topic 326 – Financial Instruments – Credit. A higher ROA signifies effective asset utilization and can boost investor confidence. Regularly tracking this ratio helps you evaluate your performance and ... Jun 22, 2024 ... ... Return On Assets (ROA)?. Return on Assets: Key Takeaways. Ratio on Assets Ratio Formula. Example: Return on Assets Ratio Interpretation. 1. High ... The return on assets ratio is given as a percentage. The higher the percentage, the more effective a company's management is in generating profits by managing ... This study aims to analyze the effect of the Covid-19 pandemics on the financial performance ratios of BPR Dana. Nusantara Batam, the BPR with the best ... Feb 18, 2025 ... Combined with easy-to-understand outlines and descriptions, this article makes a great primer for nonfinancial employees. ... ROA is an important ... Apr 10, 2025 ... A good ROA ratio is generally 5% or higher, with 20% or more being excellent, though this can vary depending on the industry. What is the ...