Return On Asset ratio Analysis of Algonquin Power Utilities Corp - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Poor ROA
0.160
Period Ending - Dec-22
Very Poor ROA
-1.16
Growth
113.82 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-1.81
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-0.485
ROA Analysis of Algonquin Power Utilities Corp
ROA Ratio of Algonquin Power Utilities Corp with value of -1.81 means poor return on Assets in trailing twelve months. |
ROA Ratio of Algonquin Power Utilities Corp with value of -0.485 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of AQNB rose handsomely by 113.82 % this year. |
ROA Ratio with value of 6.23 was highest in Year Dec-20 in last Five Years. |
ROA Ratio with value of -1.16 was lowest in Year Dec-22 in last Five Years. |
Latest ROA Ratio with value of 0.160 is lower than Average ROA of 2.33 in last five years. |
ROA of Algonquin Power Utilities Corp is negative because of negative Income in Trailing Twelve Months ended on Mar-24. |
Other ROA Related Info of AQNB that may interest you.
Algonquin Power Utilities Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AQNB | 25.11 | 25.07 | 0.160 % | Multiline Utilities |
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 ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Asset of Algonquin Power Utilities Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 0.160 | -1.16 | 1.57 | 6.23 | 4.87 | 1.97 | 1.78 |
Change | 113.82 % | -173.83 % | -74.88 % | 28.04 % | 146.94 % | 10.66 % | 12.18 % |
FY Chart of Return On Asset of Algonquin Power Utilities Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)