Return on tangible assets

What is Return on tangible assets?

Return on tangible assets counts as Net income divided by the average of Tangible assets over the last two periods.

Formula:

Net income / Average total tangible assets for two periods

What does Return on tangible assets mean?

It is an indicator of how effectively a company can profit from tangible assets. The indicator may vary significantly, depending on the industry of the company. Therefore, Return on Tangible Assets should not be used to compare companies from different industries.

首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 关于 图表功能 价格 推荐朋友 网站规则 帮助中心 网站 & 经纪商解决方案 插件 图表解决方案 轻量图表库 博客 & 新闻 Twitter