ROA of Aspen Pharmacare Holdings 2017-2021
In 2021, the return on total assets (ROA) of Aspen Pharmacare Holdings was at 8.4 percent, marking an overall decrease since 2017. The ROA is calculated by dividing normalised EBITDA from continuing operations by total weighted average assets. It indicates the profitability of a company's assets in generating revenue. Based in South Africa, Aspen Pharmacare is the largest pharmaceutical company in Africa.