Return on Assets (Last 12 Months) Formula in Excel

Return on Assets (Last 12 Months) measures how effectively a company uses its assets to generate net income over the past year. By using the Return on Assets (Last 12 Months) formula in Excel with MarketXLS, you can quickly gauge a firm's profitability relative to its total assets.

Understanding Return on Assets (Last 12 Months)

• Purpose and Use Cases
  The Return on Assets (Last 12 Months) formula helps investors and analysts see how efficiently a company converts assets into profits over the most recent 12-month period.

• Key Benefits

  • Provides insight into a company’s operational efficiency.
  • Compares profitability across different companies effectively.
  • Useful for tracking performance trends over time.

• When to Use
  Use this formula when you want a snapshot of how well a company’s resources are producing net income, especially for investment decision-making and comparative analysis.

Syntax and Parameters

=ReturnOnAssetsLTM(Symbol)

• Return Value:
  Returns a numeric value indicating the most recent 12-month Return on Assets. If the function cannot retrieve data or the symbol is invalid, it returns NA.

?? Note: This function relies on an active MarketXLS subscription and valid symbol data from MarketXLS servers.

Examples and Usage

1. Basic Example

   =ReturnOnAssetsLTM("MSFT")

   Retrieves the last 12-month Return on Assets for Microsoft.

2. Using Different Symbol Types

   • Regular symbol:

     =ReturnOnAssetsLTM("MSFT")

   • Index:

     =ReturnOnAssetsLTM("^SPX")

   • Option:

     =ReturnOnAssetsLTM("@MSFT 110122C00020000")

   • Crypto:

     =ReturnOnAssetsLTM("BTCUSD:DEFAULT")

? Pro Tip: Combine ReturnOnAssetsLTM with other MarketXLS key ratios (e.g., price-to-book, EPS, or debt-to-equity) for a thorough company health assessment.

• Performance Considerations:
  • Each call to ReturnOnAssetsLTM fetches data from the MarketXLS API.
  • Large-scale usage with many symbols could affect Excel performance and increase API calls.

Common Questions

1. Why am I getting "NA" instead of a numeric result?

   • Ensure the symbol is correct ("MSFT" vs. "MSTF") and your MarketXLS license is valid.
   • If the API cannot retrieve data or your internet connection is down, the function returns NA.

2. How often is the data updated?

   • MarketXLS key statistics data typically updates daily or periodically throughout the trading day, depending on the data provider.

3. Can I use cell references for the symbol?

   • Yes. For example:

     =ReturnOnAssetsLTM(A2)

     where cell A2 contains a valid symbol.

4. Are there any special limitations for this formula?

   • It is limited to companies or securities that publish net income and asset data. Very small or illiquid securities might lack reliable data.

5. How do I handle different date inputs with this formula?

   • This function does not require a date parameter. It always uses trailing 12-month data based on the MarketXLS data feed.

• For further assistance, consult MarketXLS support documentation or contact the MarketXLS team for data-related issues.