Apple Return On Asset

Apple Inc -- USA Stock  

USD 169.98  4.98  2.85%

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Return On Asset Analysis

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Apple 
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
 = 
11.52 %

Distress Driver Correlations

 Apple Return on Average Assets 
      Timeline 

About Return On Asset

Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Compare to competition

Apple Return On Asset Assessment

Asset

Apple Asset Changes

Total Assets

Current Assets

Assets Non Current

Based on latest financial disclosure Apple Inc has Return On Asset of 11.52%. This is much higher than that of the IT sector, and significantly higher than that of Computers Phones And Devices industry, The Return On Asset for all stocks is over 1000% lower than the firm.

Peer Comparison

Apple Return On Asset Comparison
  Return On Asset 
      Apple Comparables 
Apple is rated fifth in return on asset category among related companies.

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