Rata Rentabilităţii Economice
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Rata rentabilităţii economice: ROA Pb RE+RF+REX ROA = –––––– x 100 = –––––––––––– x100 At Ai+Ac Vt Pb ROA = –––– x –––– x 100 At Vt Pb/Vt ROA = –––––––––––––––––––––––– 1/(Ap/Ai x Vt/Ap) + 1/(Vt/Ac) Pentru analiza se ia in considerare modelul Vt Pb ROA = –––– x –––– x 100 At Vt At Vt1 Vt0 Pb0 a) eficienta utilizarii activelor totale ROA = ( –––– x –––– ) x ––––x100 At1 At0 Vt0 b) influenta ratei rentabilitatii veniturilor totale Vt Pb1 Pb0 Vt1 ROA = ( –––– x –––– ) x –––– x100 Vt1 Vt0 At1 Rata rentabilitatii financiare ROE PN ROE = –––– x 100 Kpr Div ROE = –––– x 100 Kpr
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Rata Rentabilităţii Economice
Transcript of Rata Rentabilităţii Economice
Rata rentabilitii economice: ROA
Rata rentabilitii economice: ROA Pb RE+RF+REX
ROA = x 100 = x100
At Ai+Ac
Vt Pb
ROA = x x 100
At Vt
Pb/VtROA =
1/(Ap/Ai x Vt/Ap) + 1/(Vt/Ac)
Pentru analiza se ia in considerare modelul
Vt Pb
ROA = x x 100
At Vt
At Vt1 Vt0 Pb0a) eficienta utilizarii activelor totale (ROA = ( x ) x x100
At1 At0 Vt0b) influenta ratei rentabilitatii veniturilor totale
Vt Pb1 Pb0 Vt1(ROA = ( x ) x x100
Vt1 Vt0 At1
Rata rentabilitatii financiare ROE
PN
ROE = x 100 Kpr Div
ROE = x 100
Kpr
Pentru analiza se ia in considerare modelul
PN
ROE = x 100 Kpr
a) influenta modificarii Kpr
Kpr PN0 PN0(ROE = x 100 - x 100 = ROE0 (1/IKpr ) Kpr1 Kpr0
b) influenta modificarii PN
PN PN1 PN0 PN0(ROE = x 100 - x 100 = (IPN -1 ) Kpr1 Kpr1 Kpr1
