Key financial ratios that can help investors size up the financial health of airline companies are the quick ratio, return on assets (ROA), and the debt-to-capitalization ratio. For 2023 ...
Sometimes you need to dig into more advanced metrics like return on assets (ROA) to get a better understanding of how a company is doing. ROA is a ratio that measures a company's profitability ...
Along with the return-on-equity ratio, analysts may also look at the return on capital employed (ROCE) ratio or the return on assets (ROA) ratio. Some metrics are specific to the auto industry.