Waqas Ahmed's Stock Profile on Pak Stock Exchange
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Waqas Ahmed's Stock Profile

Engineer
United group
Hyderabad, Pakistan
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Rank 70

Previous Rank 58

Stocks & Cash

This section shows the cash balance in this account and the details of the shares that are bought.

Cash Balance Rs. 500,000

There are no stocks in this account right now.
Total Account Value Rs. 500,000

Transactions


Date Description
November 21, 2020 Cash Deposit
November 21, 2020 Portfolio Created

Random Financial Term

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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.

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Based on 2020-11-25 data
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+9.2%