Finance: Return on Total Assets
Published 3 years ago
Version 1.0Efficiency Measure: The ratio is considered an indicator of how effectively a company is using its assets to generate earnings before contractual obligations must be paid. Formula: EBIT / Total Net Assets
'Calculate Return on Total Assets
'Formula: EBIT / Total Net Assets
Return api.Data.GetDataCell("Divide(A#[YourEBITAccount], A#[YourTotalNetAssetsAccount])")