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', WLDS's return on assets was -180.9%, representing returns generated from total assets. Industry average for Computer Communications Equipment in '2021' stood at -32.0%.
• In '2022', WLDS's return on assets was -102.6%, representing returns generated from total assets. The increase since '2021' reflects strengthening financial performance. Industry average for Computer Communications Equipment in '2022' stood at -30.5%. Industry average increased by 1.4% compared to previous year.
• In '2023', WLDS's return on assets was -83.1%, representing returns generated from total assets. The increase since '2022' reflects strengthening financial performance. Industry average for Computer Communications Equipment in '2023' stood at -45.0%. Industry average declined by 14.4% from previous year.
• In '2024', WLDS's return on assets was -116.1%, representing returns generated from total assets. The decline from '2023' may indicate some operational or financial challenges. Industry average for Computer Communications Equipment in '2024' stood at -42.6%. Industry average increased by 2.4% compared to previous year.
Overall, WLDS'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%.