Return On Asset ratio Analysis of Candel Therapeutics Inc - Deep Dive


Latest FY ROA
Period Ending - Dec-23

-77.49


Very Poor ROA
Period Ending - Dec-22
-24.19

Very Poor ROA
Growth
-220.33 %
Trailing Twelve Months ROA
Period Ending - Dec-23

-75.05


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

-26.34


Very Poor ROA
ROA Analysis of Candel Therapeutics Inc
ROA Ratio of Candel Therapeutics Inc with value of -75.05 means poor return on Assets in trailing twelve months.
ROA Ratio of Candel Therapeutics Inc with value of -26.34 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of CADL drastically fell by -220.33 % this year.
ROA Ratio with value of -17.95 was highest in Year Dec-19 in last Five Years.
ROA Ratio with value of -77.49 was lowest in Year Dec-23 in last Five Years.
Latest ROA Ratio with value of -77.49 is lower than Average ROA of -41.26 in last five years.
ROA of Candel Therapeutics Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of CADL that may interest you.
Candel Therapeutics Inc Overview
CodePricePrevious PricePrice ChangeSector
CADL7.297.54 3.32 % 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 Candel Therapeutics Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
ROA-77.49-24.19-40.50-46.18-17.95
Change-220.33 %40.26 %12.32 %-157.27 %
FY Chart of Return On Asset of Candel Therapeutics Inc


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