Return on assets as an indicator of the effectiveness of their ispolzovvaniya

activities of any business associated with a particular interaction with the assets.From this, it can be said that the efficiency of this reaction deserves special attention.There are various indicators that one way or another score for efficiency.However, the most simple and direct method, which is directly related to the financial result, profit is the definition of profitability.It is how to calculate the rate of return on assets and some other related indicators, we discuss in more detail.

In general, it is necessary to determine the return on earnings divided by the amount of margin that is calculated.Thus, the rate of return on assets is calculated as profit divided by the value of the assets.This indicator reflects the efficiency of the use of property (assets) of the company, reflecting the amount of profit that is formed through each of the ruble value of the property.

It should focus on what the values ​​should be taken into account when calculating the index.One problem is that the earnings there big enough "range."In only one in the profit and loss account are found four different profit margins!However, the rate of return on assets is quite common indicator, so when it is calculated, you can use the usual net income.In addition, the calculation may be based on the profit before tax.Calculations using this indicator allows comparison between a company and the company, the differences in the tax status.

proceed to the denominator, which also may be some difficulties.They, in turn, related to the fact that the performance of the financial result, that is, profits and assets, ie assets, are reported differently.The profit is generated and stored for a certain period, but the value of the assets is recognized in the balance sheet only at a specific date.This means that during the period of their value could change in a certain way, and these changes must be considered in order to correctly calculate the rate of return on assets.The most correct decision in this case will be the construction of the calculation based on the average value of the value of assets for the analyzed period.Less than correct, but simpler is to use the value of the property at the end of the period.Despite the fact that such a calculation is less precise, its logic in it is: the price at the end of the period already undergone changes.

In addition to determining the profitability of the entire value of the property, you can expect a separate profit ratio of current assets and non-current assets.Their calculation is performed in the same manner.In other words, the numerator uses net profit, and the denominator - the value of current or non-current assets, depending on the calculated index.It is obvious that in the case of both measures should also be included in the calculation of the average property value for the period that the viability was determined more precisely.

latter figure, which we consider is called ROI.It allows you to assess the effectiveness of investment in the acquisition of an asset.The calculation of this ratio is quite different from those considered earlier.It is also determined by dividing, but are used in calculating the value of very different.The numerator is necessary to put all the income derived from ownership of the asset.This income is the sum of them brought profits and the difference between the buy and sell price.Then, this income must be attributed to the amount that was spent on the purchase.Expect this figure can be not only one particular type of asset, but also in their totality.