Annual Rate of Profit on Total Assets

{
  "id": "MLC-T-ECS-000085",
  "term": "Annual Rate of Profit on Total Assets",
  "field": "Economic statistics",
  "definition": "This ratio measures the productivity of assets in terms of producing income. It is calculated by multiplying income, as defined in deriving the rate of profit on stockholders' equity, both before and after taxes, by four, and then dividing by total assets at the end of the quarter.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/annual-rate-of-profit-on-total-assets/"
}