Voya Emerging Markets High Income Dividend Equity Fund Common Shares(Ihd) 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 IHD 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 '2022', IHD's return on assets was -2.5%, representing returns generated from total assets. Industry average for Investment Managers in '2022' stood at -4.7%.
• In '2023', IHD's return on assets was -13.3%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Investment Managers in '2023' stood at 1.1%. Industry average increased by 5.8% compared to previous year.
• In '2024', IHD's return on assets was 9.4%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Investment Managers in '2024' stood at 8.9%. Industry average increased by 7.7% compared to previous year.
• In '2025', IHD's return on assets was 8.6%, representing returns generated from total assets. The decline from '2024' may indicate some operational or financial challenges. Industry average for Investment Managers in '2025' stood at 5.9%. Industry average declined by 3.0% from previous year.
Overall, IHD'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%.