What are some industry-specific variations in how ROA is interpreted?

Feb 23, 2023 ... While no one metric can be considered a good ROA, and estimates vary widely across industries, the consensus seems to be that a ROA of over 5% ... Apr 26, 2023 ... However, credit unions rebounded in 2021 to 1.07%. While ROA is an excellent indicator of the management team's ability to generate income with ... Effective Tax Rate (ETR) is defined as the ratio of income taxes paid to pretax income. ETR is coded as missing if the absolute value of pretax in- come is less ... While Debt To Equity Ratio and. Current Ratio to growth income with significance and negative of 0.008 and 0,001. Companies must be able to demonstrate a good ... Good ROAs operate at 5%, while higher ROAs operate at over 20%. Portfolios with high ROAs within that range or above it indicate investors are on the right ... What is a Good Return on Assets Ratio? ... Simply put, companies with a consistently higher return on assets ratio (ROA) can derive more profits using the same ... The calculation of this ratio requires using the absolute value of the ... Effective Date of Adoption of ASC Topic 326 – Financial Instruments – Credit. ROAs over 5% are generally considered good. May 20, 2021 ... So, the next time you analyse an investment opportunity, don't ignore return on assets ratio. A good company will have a high ROA accompanied ... 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 ...