Return on Assets Chart

View Return on Assets for MGIH.
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Sep '18
Jan '19
May '19
 
285.00
270.00
255.00
240.00

Historical Return on Assets Data

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Date Value
June 30, 2023 --
Date Value
December 31, 2022 --

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.

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Return on Assets Range, Past 5 Years

Minimum
Jun 2023
Maximum
Dec 2022
Average
Median