Return On Asset ratio Analysis of Candel Therapeutics Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Very Poor ROA
-77.49
Period Ending - Dec-22
Very Poor ROA
-24.19
Growth
-220.33 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-75.05
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-26.34
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CADL | 7.29 | 7.54 | 3.32 % | Biotechnology |
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
Poor Profitability Stock |
FY - Historical Return On Asset of Candel Therapeutics Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-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)