To use this calculator:

You'll find the numbers you need to calculate your return on assets ratio in your company's last and latest balance sheets and latest income statement. You'll need to average the total assets entries from your last and current balance statement.

1. Fill in your company's net income.
2. Fill in your company's average total assets.
3. Press "calculate."

A return on assets ratio of 0.06:1 would mean the company is pulling in six cents for each dollar of assets.

Like most business ratios, you can learn the most from this one when you compare it to your ROA ratios from previous years and with the industry norms