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Return On Assets (ROA): перевір свою англійську

Продовжуємо вивчати лексику з "Practical Financial English". Цього разу пропонуємо Вашій увазі слова, які використовуються в описі ефективності використання активів підприємства

1. TASK: Insert the appropriate word in the text below:

calculated   -   Indicator   -   converting   -   vary    -   invest

measure   -   operating   -   percentage  -  using   -   similar

allocating    -    earnings    -     earns     -     add     -     equity    


An _________ of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at _________ its assets to generate earnings. _________ by dividing a company's annual earnings by its total assets, ROA is displayed as a _________. Sometimes this is referred to as "return on investment".

= Net Income/Total Assets

Note: Some investors _________ interest expense back into net income when performing this calculation because they'd like to use _________ returns before cost of borrowing. 

ROA tells you what _________  were generated from invested capital (assets). ROA for public companies can _________  substantially and will be highly dependent on the industry. This is why when using ROA as a comparative _________, it is best to compare it against a company's previous ROA numbers or the ROA of a _________  company. 

The assets of the company are comprised of both debt and _________. Both of these types of financing are used to fund the operations of the company. The ROA figure gives investors an idea of how effectively the company is converting the money it has to _________  into net income. The higher the ROA number, the better, because the company is earning more money on less investment. For example, if one company has a net income of $1 million and total assets of $5 million, its ROA is 20%; however, if another company _________  the same amount but has total assets of $10 million, it has an ROA of 10%. Based on this example, the first company is better at _________  its investment into profit. When you really think about it, management's most important job is to make wise choices in _________ its resources. Anybody can make a profit by throwing a ton of money at a problem, but very few managers excel at making large profits with little investment. 


2. CHECK YOUR SPEAKING 

 

to add

æd 

прибавлять

to calculate

ˈkæl.kjʊ.leɪ.tɪd 

расчитывать

Indicator

ˈɪn.dɪ.keɪ.tər

показатель

to operate

ˈɒp.ər.eɪtɪŋ

операционный

percentage

ˈsen.tɪdʒ 

процент; процентное отношение

to use

juːz

использовать

to allocate     

ˈæl.ə.keɪtɪŋ

распределять

to convert

kənˈvɜːtɪŋ

ковертировать

earning

ˈɜː.nɪŋz 

прибыль

to earn

ɜːn

зарабатывать

equity

ˈek.wɪ.ti

собственный капитал

to invest

ɪnˈvest

инвестировать

to measure

ˈmeʒə(r)

измерять

similar

ˈsɪmələ(r)

подобный

to vary

ˈveəri

варьироваться

 


3. SEE CORRECT ANSWER

[ Див. правильну відповідь ] 

An indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at using its assets to generate earnings. Calculated by dividing a company's annual earnings by its total assets, ROA is displayed as a percentage. Sometimes this is referred to as "return on investment".

= Net Income/Total Assets

Note: Some investors add interest expense back into net income when performing this calculation because they'd like to use operating returns before cost of borrowing.

ROA tells you what earnings were generated from invested capital (assets). ROA for public companies can vary substantially and will be highly dependent on the industry. This is why when using ROA as a comparative measure, it is best to compare it against a company's previous ROA numbers or the ROA of a similar company. 

The assets of the company are comprised of both debt and equity. Both of these types of financing are used to fund the operations of the company. The ROA figure gives investors an idea of how effectively the company is converting the money it has to invest into net income. The higher the ROA number, the better, because the company is earning more money on less investment. For example, if one company has a net income of $1 million and total assets of $5 million, its ROA is 20%; however, if another company earns the same amount but has total assets of $10 million, it has an ROA of 10%. Based on this example, the first company is better at converting its investment into profit. When you really think about it, management's most important job is to make wise choices in allocating its resources. Anybody can make a profit by throwing a ton of money at a problem, but very few managers excel at making large profits with little investment. 


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Автор:
FBE School
Джерело
«Дебет-Кредит»
Рубрика:
«Дебет-Кредит» / Новини партнерів
Теги:
financial english

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