Arax Holdings Corp (ARAT)
1.35
+0.34
(+33.66%)
USD |
OTCM |
May 03, 16:00
Arax Holdings Return on Assets
Return on Assets Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Return on Assets Data
Date | Value |
---|---|
October 31, 2023 | -- |
Return on Assets Definition
Return on Assets measures Net Income / Total Assets. This metric is important because it gives an idea of how efficiently a business is being run in using assets and generating income. ROA can vary for different sectors and industries depending on the financial statement structures.