Variable Description

Name
Return on total assets en-NZ
Label
Return on total assets en-NZ
Description

Total current year taxable profit divided by total assets. The return on total assets represents the ratio of net income to assets. This ratio tests the efficiency of investment in assets and is a measure of how effectively the business has converted these assets into net income. The higher the ratio, the more efficient a business is. The lower the ratio, and a negative ratio (loss), the less efficiently a business has used the assets.

en-NZ
This variable is not part of a dataset.

Representation

Representation Type
Numeric
Type
Integer
Variable is a Weight
False
Aggregation Method
Unspecified
Temporal
False
Geographic
False

Concept

Conceptual Variable
Concept

Appears Within

Information

History

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Revision Date Responsibility Rationale
2 29/06/2023 10:45:52 AM