Askari Bank - AKBL - Stock Price and Chart
logo

AKBL Stock Price and Chart

Askari Bank

Change Rs. 0.28 (0.01%)

2019-04-23
Share on Facebook
Open Close Low High Volume
19.60 19.88 19.50 19.90 154,000

Random Financial Term

View More

Return on Assets (ROA)

What you Need ?

Income Statement, Balance Sheet

Formula

Return on Assets = Net Income / Average Total Assets

Meaning

A company buys assets (factories, equipment, etc.) in order to conduct its business. ROA tells you how good the company is at using its assets to make money. For example, if Company A reported $10,000 of net income and owns $100,000 in assets, its ROA is 10%. For ever $1 of assets it owns, it can generate $0.10 in profits each year. With ROA, higher is better.

Top Players

Based on 2019-04-22 data
Player Profit
Muhammad Umair Tasleem
Karachi
+12.4%
alisafwan
Sahiwal
+6.7%
Safeer Altaf Mughal
Karachi
+4.8%
Waqas
Islamabad/Rawalpindi
+4.5%
Zakir
Lahore
+2.8%