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', SLGN's return on assets was 4.6%, representing returns generated from total assets. Industry average for Containers/Packaging in '2021' stood at -2.1%.
• In '2022', SLGN's return on assets was 4.5%, representing returns generated from total assets. The decline from '2021' may indicate some operational or financial challenges. Industry average for Containers/Packaging in '2022' stood at -8.3%. Industry average declined by 6.1% from previous year.
• In '2023', SLGN's return on assets was 4.4%, representing returns generated from total assets. The decline from '2022' may indicate some operational or financial challenges. Industry average for Containers/Packaging in '2023' stood at -0.6%. Industry average increased by 7.7% compared to previous year.
• In '2024', SLGN's return on assets was 3.4%, representing returns generated from total assets. The decline from '2023' may indicate some operational or financial challenges. Industry average for Containers/Packaging in '2024' stood at 0.2%. Industry average increased by 0.8% compared to previous year.
Overall, SLGN's return on assets has remained generally stable over the past 4 years.

Formula: ROA = Net Income / Total Assets

Good Range: Commonly 5%-15%.