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 '2021', CVGW's return on assets was -2.6%, representing returns generated from total assets. Industry average for Specialty Foods in '2021' stood at 5.1%.
• In '2022', CVGW's return on assets was -1.5%, representing returns generated from total assets. The increase since '2021' reflects strengthening financial performance. Industry average for Specialty Foods in '2022' stood at 8.0%. Industry average increased by 2.9% compared to previous year.
• In '2023', CVGW's return on assets was -2.2%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Specialty Foods in '2023' stood at 4.2%. Industry average declined by 3.8% from previous year.
• In '2024', CVGW's return on assets was -0.3%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Specialty Foods in '2024' stood at 5.1%. Industry average increased by 0.9% compared to previous year.
Overall, CVGW's return on assets has been volatile but showed an upward trend over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.