Nuveen Dow 30Sm Dynamic Overwrite Fund Common Shares Of Beneficial(Diax) Financials: Return On Assets Compared To Industry Average, Plus Other Key Ratios

Profitability Trend (Last 5 Years)

Profitability - return on assets

This chart shows the historical trend of return on assets for DIAX compared to its industry average over the recent years.

Ratio Definition and Interpretation

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', DIAX's return on assets was 13.6%, representing returns generated from total assets. Industry average for Finance Companies in '2021' stood at 10.9%.
• In '2022', DIAX's return on assets was -4.3%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Finance Companies in '2022' stood at -10.8%. Industry average declined by 21.7% from previous year.
• In '2023', DIAX's return on assets was 7.2%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Finance Companies in '2023' stood at 3.6%. Industry average increased by 14.4% compared to previous year.
• In '2024', DIAX's return on assets was 10.1%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Finance Companies in '2024' stood at 8.4%. Industry average increased by 4.8% compared to previous year.
Overall, DIAX's return on assets has been volatile but showed a downward trend over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.