Return on Assets Ratio definition

Return on Assets Ratio means, with respect to the Subsidiary Bank, the ratio of (a) year-to-date “net income” of the Subsidiary Bank for the current calendar year, as reported on Schedule RI of the Subsidiary Bank’s most recent quarterly call report, annualized over the current calendar year, to (b) average “total assets” as reported on Schedule RC-K of the Subsidiary Bank’s most recent quarterly call report.

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Return on Assets Ratio means the profit from the operation of the Borrower divided by the average of assets used in the operation of the Borrower. For the purpose of this definition, “profit from the operation” means profit from the operation of the Borrower as appeared in the financial statement as at the end of each twelve (12) months period of the Borrower’s Fiscal Year audited by the auditor of the Borrower excluding (a) profit or loss from exchange rate, (b) interest expense and (c) corporate income tax and “average of assets used in the operation” means the average of total assets at the beginning of the period and at the end of the period as appeared in the financial statement as at the end of each twelve (12) months period of the same Borrower’s Fiscal Year audited by the auditor of the Borrower excluding (a) investment in Innovex Group Companies and/or affiliated companies and investment in securities;

Return on Assets Ratio means the aggregate of (i) net profit after tax divided by; (ii) the sum of total assets at the end of the year in issue and total assets at the end of the previous year, expressed as a percentage.

Examples of Return on Assets Ratio in a sentence

Profitability compares below its peers as evidenced by it Return on Assets Ratio of 20.9% in Year One compared to the Industry Average of 90%.
In the event Borrower fails to maintain a Non-Performing Assets Ratio of less than twenty-five percent (25%) in accordance with Section 6.01(J)(3) or a Return on Assets Ratio greater than six tenths of one percent (0.60%) in accordance with Section 6.01(J)(4), Borrower shall have a period to cure the failure for one-hundred and eighty (180) days.
In the event Borrower fails to maintain a Non-Performing Assets Ratio of less than forty percent (40%) in accordance with Section 6.01(J)(3) or a Return on Assets Ratio greater than twenty-five hundredths of one percent (0.25%) in accordance with Section 6.01(J)(4), Borrower shall have a period to cure the failure for the fiscal quarter following the quarter in which such failure occurs.
In the event Borrower fails to maintain a Non-Performing Assets Ratio of less than twenty-five percent (25%) in accordance with Section 6.01(1)(3) or a Return on Assets Ratio greater than four tenths of one percent (0.40%) in accordance with Section 6.01(J)(4), Borrower shall have a period to cure the failure for three (3) months.

More Definitions of Return on Assets Ratio

Return on Assets Ratio means the ratio of Company's Net Income for the current quarter and preceding three (3) quarters to its Average Total Assets calculated as set forth in Section 1.2 of this Agreement.

Return on Assets Ratio means the ratio of the Borrower's net income for the current quarter and preceding three quarters to its average total assets determined quarterly at the end of each fiscal quarter of the Borrower on a rolling four quarters basis by averaging each such ratio for the most recently ended fiscal quarter and the three fiscal quarters immediately preceding the most recently ended fiscal quarter.

Return on Assets Ratio shall be supplemented to Clause 1.1 of the Amended and Restated Second Credit Facility Agreement to read as follows:

Return on Assets Ratio means, with respect to the Subsidiary Bank, the ratio of (a) year-to-date “net income” of the Subsidiary Bank for the current calendar year, as reported on Schedule RI of the Subsidiary Bank’s most recent quarterly Call Report, annualized over the current calendar year, to

Return on Assets Ratio. 5 "Revolving Loan" 5 "Revolving Period" 5 "Subsequent Advances" 5 "Subsidiary" or "Subsidiaries" 5 "Term Loan" 5 "Term Note" 6 "Treasury Loan" 6 "Treasury Rate" 6 "UCC" 6 SECTION 1.02