Profitability and Capital Structure Analysis of XYZ Corp.

XYZ Corp. has reported the following financial figures for the year ending 2023:

- Total Revenue: $1,200,000

- Cost of Goods Sold (COGS): $720,000

- Operating Expenses: $300,000

- Total Assets: $1,500,000

- Total Liabilities: $900,000

Based on this information, a financial analyst wants to assess the profitability and capital structure of XYZ Corp. by calculating and analyzing the following ratios:

1. Return on Assets (ROA)

2. Debt to Equity Ratio

The analyst believes that a high ROA is a positive indicator of financial health and should be complemented by a reasonable debt level as indicated by the Debt to Equity Ratio. What can be concluded about XYZ Corp. if the calculated ROA is 32% and the Debt to Equity Ratio is 0.67?