what is return on net assets rona 
return on net assets rona is a measure of financial performance calculated as net profit divided by the sum of fixed assets and net working capital net profit is also called net income the rona ratio shows how well a company and its management are deploying assets in economically valuable ways a high ratio result indicates that management is squeezing more earnings out of each dollar invested in assets rona is also used to assess how well a company is performing compared to others in its industry the formula for return on net assets is r o n a net profit fixed assets n w c n w c current assets current liabilities where r o n a return on net assets begin aligned rona frac text net profit text fixed assets nwc nwc text current assets text current liabilities textbf where rona text return on net assets nwc text net working capital end aligned rona fixed assets nwc net profit nwc current assets current liabilitieswhere rona return on net assets 