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', PUK's return on assets was -1.1%, representing returns generated from total assets. Industry average for Life Insurance in '2021' stood at -4.1%.
• In '2022', PUK's return on assets was -0.6%, representing returns generated from total assets. The increase since '2021' reflects strengthening financial performance. Industry average for Life Insurance in '2022' stood at -11.0%. Industry average declined by 6.9% from previous year.
• In '2023', PUK's return on assets was 1.0%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Life Insurance in '2023' stood at -5.6%. Industry average increased by 5.4% compared to previous year.
• In '2024', PUK's return on assets was 1.3%, representing returns generated from total assets. The increase since '2023' reflects strengthening financial performance. Industry average for Life Insurance in '2024' stood at -1.8%. Industry average increased by 3.8% compared to previous year.
Overall, PUK'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%.