Capital(Asset) Light & Heavy Vs ROA & ROIC

There are Asset/Capital Heaving Business Model stocks achieve High ROA & ROIC.

— I believes their strength lies in the Non-Current Assets. The productivity in the Non-Current Assets outweighs the Current Assets.

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At the same time, there are also Asset/Capital Light Business Model stocks achieve High ROA & ROIC.

— I believe their strength lies in the Current Assets. The productivity in the Current Assets outweighs the Non-Current Assets.

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Conclusion:

We can skip to investigate the capital structure (Light or Heavy Capital/Asset).

We should just focus on ROA and ROIC because all the strength and unknown positive factors have been synergized together as a whole and reflected in the ROA and ROIC figures.