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', EVGN's return on assets was -36.4%, representing returns generated from total assets. Industry average for Agricultural Chemicals in '2021' stood at -19.1%.
• In '2022', EVGN's return on assets was -40.2%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Agricultural Chemicals in '2022' stood at -17.9%. Industry average increased by 1.2% compared to previous year.
• In '2023', EVGN's return on assets was -44.5%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Agricultural Chemicals in '2023' stood at -24.3%. Industry average declined by 6.4% from previous year.
• In '2024', EVGN's return on assets was -36.2%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Agricultural Chemicals in '2024' stood at -23.5%. Industry average increased by 0.8% compared to previous year.
Overall, EVGN'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%.