Which is better ROE or ROA?

When it comes to measuring the profitability of a company, Return on Equity (ROE) and Return on Assets (ROA) are two commonly used metrics. But which one is better? ROE measures the net income generated by a company's equity, while ROA considers the income generated by the company's total assets. Both have their own merits and limitations. ROE can give insight into how efficiently a company is using its shareholders' funds, but it can also be inflated by debt. ROA, on the other hand, provides a broader view of a company's profitability by taking into account all of its assets, but it may not fully reflect the company's ability to generate profits from its equity. So, which metric is more useful for investors to consider? Is it better to focus on ROE or ROA when evaluating a company's financial performance?