Return On Asset ratio Analysis of Akero Therapeutics Inc - Deep Dive


Latest FY ROA
Period Ending - Dec-23

-20.62


Very Poor ROA
Period Ending - Dec-22
-31.42

Very Poor ROA
Growth
34.38 %
Trailing Twelve Months ROA
Period Ending - Dec-23

-28.54


Very Poor ROA
Most recent Quarter ROA
Period Ending - Mar-24

-5.85


Very Poor ROA
ROA Analysis of Akero Therapeutics Inc
ROA Ratio of Akero Therapeutics Inc with value of -28.54 means poor return on Assets in trailing twelve months.
ROA Ratio of Akero Therapeutics Inc with value of -5.85 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of AKRO rose handsomely by 34.38 % this year.
ROA Ratio with value of -20.62 was highest in Year Dec-23 in last Five Years.
ROA Ratio with value of -51.54 was lowest in Year Dec-21 in last Five Years.
Latest ROA Ratio with value of -20.62 is Greater than Average ROA of -32.85 in last five years.
ROA of Akero Therapeutics Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of AKRO that may interest you.
Akero Therapeutics Inc Overview
CodePricePrevious PricePrice ChangeSector
AKRO18.8218.31 2.79 % Biotechnology
Fundamental AnalysisTechnical Analysis
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit.   more ..
Return On Asset Formula

ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio

Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Asset of Akero Therapeutics Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA-20.62-31.42-51.54-28.98-31.68-105.91-693.62
Change34.38 %39.03 %-77.85 %8.53 %70.09 %84.73 %
FY Chart of Return On Asset of Akero Therapeutics Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)