Return On Asset ratio Analysis of Arconic Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-22
Very Poor ROA
-3.03
Period Ending - Dec-21
Very Poor ROA
-6.03
Growth
49.85 %
Trailing Twelve Months ROA
Period Ending - Dec-22
Very Poor ROA
-4.03
Most recent Quarter ROA
Period Ending - Jun-23
Not Good ROA
0.976
ROA Analysis of Arconic Corp
| ROA Ratio of Arconic Corp with value of -4.03 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Arconic Corp with value of 0.976 means poor return on Assets in latest Quarter ending on Jun-23. |
| ROA Ratio of ARNC rose handsomely by 49.85 % this year. |
| ROA Ratio with value of 4.75 was highest in Year Dec-19 in last Five Years. |
| ROA Ratio with value of -6.03 was lowest in Year Dec-21 in last Five Years. |
| Latest ROA Ratio with value of -3.03 is lower than Average ROA of -0.499 in last five years. |
| ROA of Arconic Corp is negative because of negative Income in Trailing Twelve Months ended on Jun-23. |
Other ROA Related Info of ARNC that may interest you.
Arconic Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ARNC | 29.99 | 29.98 | 0.0334 % | Metal Fabrication |
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
| Very Low Profitability Stock | |
FY - Historical Return On Asset of Arconic Corp
| Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|
| ROA | -3.03 | -6.03 | -1.73 | 4.75 | 3.55 | 4.26 | 0.774 |
| Change | 49.85 % | -249.50 % | -136.38 % | 33.86 % | -16.85 % | 451.18 % | 187.63 % |
FY Chart of Return On Asset of Arconic Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)