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', NRO's return on assets was 26.0%, representing returns generated from total assets. Industry average for Finance/Investors Services in '2021' stood at 9.6%.
• In '2022', NRO's return on assets was -25.9%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Finance/Investors Services in '2022' stood at -8.9%. Industry average declined by 18.5% from previous year.
• In '2023', NRO's return on assets was -0.6%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Finance/Investors Services in '2023' stood at -0.4%. Industry average increased by 8.5% compared to previous year.
• In '2024', NRO's return on assets was 28.4%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Finance/Investors Services in '2024' stood at 9.1%. Industry average increased by 9.4% compared to previous year.
Overall, NRO'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%.