The return on net assets (RONA) is a measure of financial performance of a company which takes the use of assets into account. Higher RONA means that the company is using its assets and working capital efficiently and effectively.
Read more about Return On Net Assets: Definitions
Famous quotes containing the words return and/or net:
“I find very reasonable the Celtic belief that the souls of our dearly departed are trapped in some inferior being, in an animal, a plant, an inanimate object, indeed lost to us until the day, which for some never arrives, when we find that we pass near the tree, or come to possess the object which is their prison. Then they quiver, call us, and as soon as we have recognized them, the spell is broken. Freed by us, they have vanquished death and return to live with us.”
—Marcel Proust (1871–1922)
“Hard times accounted in large part for the fact that the exposition was a financial disappointment in its first year, but Sally Rand and her fan dancers accomplished what applied science had failed to do, and the exposition closed in 1934 with a net profit, which was donated to participating cultural institutions, excluding Sally Rand.”
—For the State of Illinois, U.S. public relief program (1935-1943)