Calculator
Return & Profitability Ratios Calculator
See how efficiently a business turns what it owns, or what's invested in it, into profit.
← Read the Return & Profitability Ratios concept pageReturn on Assets (ROA)
20.0%
Return on Invested Capital (ROIC)
20.0%
Total invested capital
$500,000
How the math works
ROA = Net Income / Total Assets = 20.0% ROIC = Net Income / (Total Debt + Total Equity) = 20.0%
ROA and ROIC match here because total assets happen to equal total debt plus total equity — that only holds when every asset is funded by invested capital, with no other liabilities like accounts payable in the mix.