Concept information
Preferred term
return on assets
Definition
- Return on assets (ROA) is an indicator, expressed as a percentage, of an organization's profitability. ROA is calculated as follows: Net income is the total annual or annualized revenue less expenses and nonoperating gains or losses. [Source: Encyclopedia of Health Care Management; Return on Assets (ROA)]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/return_on_assets
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