return on net assets

The return on net assets (RONA) is a measure of financial performance of a company which takes the use of assets into account.{{Cite news|url=http://blogs.berkeley.edu/2015/12/22/innovation-outposts-and-the-evolution-of-corporate-rd/|title=Innovation outposts and the evolution of corporate R&D|date=2015-12-22|work=The Berkeley Blog|access-date=2018-01-19|language=en-US}}{{Cite news|url=https://www.cic.edu/news-information/independent-newsletter/fall-2017/financial-resilience|title=Report Highlights Financial Resilience of Small and Mid-Sized Private Institutions|work=The Council of Independent Colleges|access-date=2018-01-19|language=en-US}} Higher RONA means that the company is using its assets and working capital efficiently and effectively.[http://www.readyratios.com/reference/profitability/return_on_net_assets_rona.html Return on Net Assets (RONA)] RONA is used by investors to determine how well management is utilizing assets.{{Cite news|url=http://www.investopedia.com/terms/r/rona.asp|title=Return On Net Assets - RONA|last=root|date=2003-11-26|newspaper=Investopedia|language=en-US|access-date=2016-10-10}}