Finance: Return on Assets

Efficiency Measure: An indicator of how profitable a company is relative to its total assets. It gives an idea as to how efficient management is at using its assets to generate earnings. Formula: ROA = Net Income / Average Total Assets

 

'Calculate Return on Assets
'Formula: ROA = Net Income / Average Total Assets

Return api.Data.GetDataCell("Divide(A#[YourNetIncomeAccount], A#[YourTotalAssetsAccount]:V#YearAvgToDate)")

 

Source:   Snippet Editor:  Finance - Common  Accounts - Efficiency Measures