Return on Average Assets (ROAA): Definition and How to Calculate
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One key metric that offers valuable insights into a company’s financial health is the return on average assets (ROAA). This financial ratio measures how effectively a company uses its assets to generate profits. By calculating ROAA, investors can assess how well a company is using its resources to produce earnings, which is particularly useful when […] The post Return on Average Assets (ROAA): Definition and How to Calculate appeared first on SmartReads by SmartAsset.
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