Return On Asset ratio Analysis of Biogen Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Indecisive ROA
5.45
Period Ending - Dec-22
Good ROA
12.41
Growth
-56.12 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Indecisive ROA
5.58
Most recent Quarter ROA
Period Ending - Mar-24
Indecisive ROA
1.48
ROA Analysis of Biogen Inc
| ROA Ratio of BIIB drastically fell by -56.12 % this year. |
| ROA Ratio with value of 21.62 was highest in Year Dec-19 in last Five Years. |
| ROA Ratio with value of 5.45 was lowest in Year Dec-23 in last Five Years. |
| Latest ROA Ratio with value of 5.45 is lower than Average ROA of 12.45 in last five years. |
Other ROA Related Info of BIIB that may interest you.
Biogen Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BIIB | 231.69 | 233.84 | 0.919 % | Drug Manufacturers-General |
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
| Low Profitability Stock | |
FY - Historical Return On Asset of Biogen Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 5.45 | 12.41 | 6.52 | 16.25 | 21.62 | 17.52 | 10.73 |
| Change | -56.12 % | 90.41 % | -59.90 % | -24.84 % | 23.41 % | 63.21 % | -33.68 % |
FY Chart of Return On Asset of Biogen Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)