Choose Index below for a list of all words and phrases defined in this glossary.

Return on Net Assets (RONA)

index | Index

Return on Net Assets (RONA) - definition(s)

RONA - Return on Net Assets

RONA is one bottom-line measurement showing performance relative to strategic goals and objectives. More and more successful companies are utilizing RONA measurement. It provides an apples-to-apples comparison of performance that is understood by non-financial professionals.

Calculated as: RONA = Net Income /(Fixed Assets + Net Working Capital)

Interpretation: The higher the return, the better the profit performance for the company.

[Category=Data Quality ]

Source: iSixSigma, 21 February 2011 07:57:42, External 

Data Quality Glossary.  A free resource from GRC Data Intelligence. For comments, questions or feedback: