Question
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
What does ROA reveal about Citigroup and what makes Citibank different from other banks? Analysis Citigroups ROA.
Year | TTM NET INCOME |
2018 | $16.67B |
2019 | $18.17B |
2020 | $9.88B |
2021 | $20.76B |
2022 | $13.70B |
Year | Total Assets |
2018 | $1,917.38B |
2019 | $1,951.16B |
2020 | $2,260.09B |
2021 | $2,291.41B |
2022 | $2,416.68B |
Year | ROA |
2018 | 0.87% |
2019 | 0.92%% |
2020 | 0.44% |
2021 | 0.89% |
2022 | 0.57% |
TTM Net Income Total Assets Return On Assets 25 20 15 10 OG 2,500 2,000 1,500 1,000 500 O 1 0.75 0.5 0.25 12/31/2018 Income in Billions 12/31/2019 Assets in Billions % 12/31/2020 12/31/2021 12/31/2022
Step by Step Solution
There are 3 Steps involved in it
Step: 1
The detailed answer for the above question is provided below 1 The ROA of Citigroup reveals that the ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Business Statistics A First Course
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
7th Edition
9780321998217, 032197901X, 321998219, 978-0321979018
Students also viewed these Finance questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App