Universal Property Development Corporation (fka UPDV)

[Buell]

Return on Assets (%)

UNIVERSAL PROPERTY DEVELOPMENT & ACQ COR
(OVER THE COUNTER)


A company’s ability to operate profitably can be
measured directly by measuring its return on
assets. ROA (Return On Assets) is the ratio of a
company’s net profit to its total assets, expressed as
a percentage.

Return on Assets (%) (125.50) (%)
Income After Taxes x 100 (5.88) x 100
Average Total Assets 4.68

Return on Assets in 2004 was -1130 its now -125.50 (you do the math JP)

ROA measures how well a company’s management
uses its assets to generate profits. It is a better
measure of operating efficiency than ROE, which
only measures how much profit is generated on
the shareholders equity but ignores debt funding.
This ratio is particularly relevant for banks which
typically have huge assets.