Return On Asset ratio Analysis of Cardio Diagnostics HLDG WT - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY ROA
Period Ending - Dec-23

-1628.22


Very Poor ROA
Period Ending - Dec-22
-74.58

Very Poor ROA
Growth
-2083.13 %
Trailing Twelve Months ROA
Period Ending - Dec-23

-144.61


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

-31.13


Very Poor ROA
ROA Analysis of Cardio Diagnostics HLDG WT
ROA Ratio of Cardio Diagnostics HLDG WT with value of -144.61 means poor return on Assets in trailing twelve months.
ROA Ratio of Cardio Diagnostics HLDG WT with value of -31.13 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of CDIOW drastically fell by -2083.13 % this year.
ROA of Cardio Diagnostics HLDG WT is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of CDIOW that may interest you.
Cardio Diagnostics HLDG WT Overview
CodePricePrevious PricePrice ChangeSector
CDIOW0.05510.07 21.29 % 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 Cardio Diagnostics HLDG WT
PeriodDec-23Dec-22Dec-21Dec-20
ROA-1628.22-74.58-56.30-135.57
Change-2083.13 %-32.47 %58.47 %
FY Chart of Return On Asset of Cardio Diagnostics HLDG WT


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