Return On Asset ratio Analysis of Applovin Corp - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Indecisive ROA
6.66
Period Ending - Dec-22
Very Poor ROA
-3.30
Growth
301.94 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Good ROA
11.05
Most recent Quarter ROA
Period Ending - Mar-24
Very Good ROA
4.49
ROA Analysis of Applovin Corp
ROA Ratio of APP rose handsomely by 301.94 % this year. |
ROA Ratio with value of 9.90 was highest in Year Dec-19 in last Five Years. |
ROA Ratio with value of -5.81 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of 6.66 is Greater than Average ROA of 1.60 in last five years. |
Other ROA Related Info of APP that may interest you.
Applovin Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
APP | 77.52 | 75.65 | 2.47 % | Software-Application |
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 Return On Asset Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROARatio.jpg)
ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Good Profitability |
FY - Historical Return On Asset of Applovin Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
---|---|---|---|---|---|---|
ROA | 6.66 | -3.30 | 0.575 | -5.81 | 9.90 | 0 |
Change | 301.94 % | -673.13 % | 109.90 % | -158.69 % |
FY Chart of Return On Asset of Applovin Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)