ROA stands for Return on Assets.
Indicator Type
Financial Indicator
Formula
ROA = Normalised Net profit after tax (NPAT) divided by Average Asset base (average of beginning and ending assets over the period that profit is earned).
Parameters
ROA: You can choose a colour for the ROA plot, by selecting the box next to it to bring up a colour palette.
Panel: You can also choose the panel where ROA is plotted, by default it is set to Auto applying it to its own panel at the bottom of the chart but if you would like to overlay ROA onto another panel, click the drop-down arrow next to Auto and select a panel e.g. Panel 1.
Once you have finished adjusting parameters, click Done
Theory
Return on Assets (ROA) is a measurement of management performance by indicating how efficiently management is utilising the company’s total asset base to create wealth for shareholders.
