Return on net assets
From Wikipedia, the free encyclopedia
(abbreviated to RONA) Profit after tax / ( Fixed assets + working capital )
It is a measure of financial performance of a company which takes the use of assets into account.
[edit] See also
Net Income / (Fixed assets + working capital [i.e. - current assets minus current liabilities])
It is a measure of financial performance of a company which takes the use of assets into account.