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', KVHI's return on assets was -5.8%, representing returns generated from total assets. Industry average for Radio And Television Broadcasting And Communications Equipment in '2021' stood at -21.0%.
• In '2022', KVHI's return on assets was 13.2%, representing returns generated from total assets. The increase since '2021' reflects strengthening financial performance. Industry average for Radio And Television Broadcasting And Communications Equipment in '2022' stood at -40.2%. Industry average declined by 19.2% from previous year.
• In '2023', KVHI's return on assets was -8.4%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Radio And Television Broadcasting And Communications Equipment in '2023' stood at -19.3%. Industry average increased by 21.0% compared to previous year.
• In '2024', KVHI's return on assets was -6.7%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Radio And Television Broadcasting And Communications Equipment in '2024' stood at -46.2%. Industry average declined by 26.9% from previous year.
Overall, KVHI'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%.