return on assets
noun[CorU]
ukus(abbreviationROA)FINANCE,ACCOUNTING
a company'sprofitfor aparticularperiodcomparedwith thevalueofitsassets(=factories,equipment, etc.)for thatperiod. Thisshowshoweffectivelythecompanyis usingitsassets:
Thecompanyhad a 1.5%returnonassets, ameasureofitsstrongprofitability.