This study examined the relationship between asset structure and financial performance. The study used the secondary data from the retrieved from the various websites of the quoted construction firms in Nigeria from 2012 to 2018. A document review guide was used to collect the secondary data that are fit for the study from the financial statements of the quoted construction firms under study. The financial performance was analysed using Return on Asset (ROA) and Earnings per Share (EPS), this formed the dependent variables. The independent variable of adopted was the asset structure measured using the Fixed and Current Asset. The variables were validated by conducting descriptive statistics, correlation test and the unit root test using the Augmented Dickey Fuller (ADF). Two simple regression models were employed for the study and were analysed with the aid of a statistical program (Eviews 11). The results of the study indicated that fixed asset have a positive and significant impact on return on asset. Also, the study found that current asset have positive and significant impact on earnings per share. The study recommends that the construction firms should limit debtors as it greatly affects the current asset, invest more money in fixed assets as this will also increase the profitability of the firms and will in the long run maximize the return on asset (ROA) and Earnings per Share (EPS) and firms should avoid keeping non-performing funds.
Keywords: Return on asset, earnings per share, fixed asset, current asset, construction firms
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