Return On Asset ratio Analysis of Atlas Lithium Corp. - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Very Poor ROA
-0.061
Period Ending - Dec-22
Very Poor ROA
-81.43
Growth
99.93 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-171.98
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-34.39
ROA Analysis of Atlas Lithium Corp.
ROA Ratio of Atlas Lithium Corp. with value of -171.98 means poor return on Assets in trailing twelve months. |
ROA Ratio of Atlas Lithium Corp. with value of -34.39 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of ATLX rose handsomely by 99.93 % this year. |
ROA Ratio with value of -0.061 was highest in Year Dec-23 in last Five Years. |
ROA Ratio with value of -181.41 was lowest in Year Dec-19 in last Five Years. |
Latest ROA Ratio with value of -0.061 is Greater than Average ROA of -112.01 in last five years. |
ROA of Atlas Lithium Corp. is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of ATLX that may interest you.
Atlas Lithium Corp. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ATLX | 15.81 | 15.06 | 4.98 % | Other Precious Metals & Mining |
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 Atlas Lithium Corp.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | -0.061 | -81.43 | -177.24 | -119.94 | -181.41 | -168.75 | -130.98 |
Change | 99.93 % | 54.06 % | -47.78 % | 33.89 % | -7.50 % | -28.84 % | 3.23 % |
FY Chart of Return On Asset of Atlas Lithium Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)