Return On Asset ratio Analysis of Air Transport Services Grp Inc. - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Not Good ROA
3.04
Period Ending - Dec-22
Indecisive ROA
5.53
Growth
-45.06 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
1.28
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0.221
ROA Analysis of Air Transport Services Grp Inc.
ROA Ratio of Air Transport Services Grp Inc. with value of 1.28 means poor return on Assets in trailing twelve months. |
ROA Ratio of Air Transport Services Grp Inc. with value of 0.221 means poor return on Assets in latest Quarter ending on Mar-24. |
ROA Ratio of ATSG drastically fell by -45.06 % this year. |
ROA Ratio with value of 7.08 was highest in Year Dec-21 in last Five Years. |
ROA Ratio with value of 1.07 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of 3.04 is lower than Average ROA of 3.78 in last five years. |
Other ROA Related Info of ATSG that may interest you.
Air Transport Services Grp Inc. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ATSG | 12.47 | 12.26 | 1.71 % | Airlines |
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
Very Low Profitability Stock |
FY - Historical Return On Asset of Air Transport Services Grp Inc.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 3.04 | 5.53 | 7.08 | 1.07 | 2.17 | 2.80 | 1.19 |
Change | -45.06 % | -21.90 % | 562.02 % | -50.70 % | -22.62 % | 134.85 % | -35.98 % |
FY Chart of Return On Asset of Air Transport Services Grp Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)