Name: Return on Assets (ROA)

Definition: ROA shows how efficiently the company turns everything it owns — its entire asset base — into net profit after all costs and taxes. A higher ROA means the business squeezes more profit from its assets. Lower ROA might reflect poor asset utilization or heavy reliance on expensive financing.

Interpretation:
• In '2022', AENT's return on assets was 2.5%, representing returns generated from total assets. Industry average for Durable Goods in '2022' stood at -12.8%.
• In '2022', AENT's return on assets was 2.5%, representing returns generated from total assets. The figure remained stable compared to '2022'. Industry average for Durable Goods in '2022' stood at -12.8%. Industry average remained unchanged from prior year.
• In '2023', AENT's return on assets was -14.0%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Durable Goods in '2023' stood at -17.6%. Industry average declined by 4.9% from previous year.
• In '2024', AENT's return on assets was 1.2%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Durable Goods in '2024' stood at -10.7%. Industry average increased by 6.9% compared to previous year.
Overall, AENT's return on assets has been volatile but generally stable over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.