Return On Asset ratio Analysis of Artelo Biosciences Inc - Deep Dive


Latest FY ROA
Period Ending - Aug-23

-48.35


Very Poor ROA
Period Ending - Aug-22
-49.37

Very Poor ROA
Growth
2.07 %
Trailing Twelve Months ROA
Period Ending - Aug-23

-63.02


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

-23.98


Very Poor ROA
ROA Analysis of Artelo Biosciences Inc
ROA Ratio of Artelo Biosciences Inc with value of -63.02 means poor return on Assets in trailing twelve months.
ROA Ratio of Artelo Biosciences Inc with value of -23.98 means poor return on Assets in latest Quarter ending on Feb-24.
ROA Ratio of ARTL has grown by 2.07 % Compared to previous Financial Year.
ROA Ratio of ARTL trending up for at least three Years.
ROA Ratio with value of -106.35 was lowest in Year Aug-20 in last Five Years.
Latest ROA Ratio with value of -48.35 is Greater than Average ROA of -59.29 in last five years.
ROA of Artelo Biosciences Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of ARTL that may interest you.
Artelo Biosciences Inc Overview
CodePricePrevious PricePrice ChangeSector
ARTL1.371.32 3.79 % 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 Artelo Biosciences Inc
PeriodAug-23Aug-22Aug-21Aug-20Aug-19Aug-18Aug-17
ROA-48.35-49.37-58.86-106.35-33.51-590.30-40.90
Change2.07 %16.13 %44.65 %-217.40 %94.32 %-1343.22 %95.05 %
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FY Chart of Return On Asset of Artelo Biosciences Inc


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