Return On Asset ratio Analysis of Energy of Minas Gerais Co. - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY ROA
Period Ending - Dec-23

10.48


Good ROA
Period Ending - Dec-22
7.62

Indecisive ROA
Growth
37.46 %
Trailing Twelve Months ROA
Period Ending - Dec-23

9.95


Indecisive ROA
Most recent Quarter ROA
Period Ending - Mar-24

2.01


Indecisive ROA
ROA Analysis of Energy of Minas Gerais Co.
ROA Ratio of CIG-C rose handsomely by 37.46 % this year.
ROA Ratio of CIG-C trending up for at least three Years.
ROA Ratio with value of 5.30 was lowest in Year Dec-20 in last Five Years.
Latest ROA Ratio with value of 10.48 is Greater than Average ROA of 7.37 in last five years.
Other ROA Related Info of CIG-C that may interest you.
Energy of Minas Gerais Co. Overview
CodePricePrevious PricePrice ChangeSector
CIG-C2.282.265 0.662 % Utilities-Diversified
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
Low Profitability Stock
FY - Historical Return On Asset of Energy of Minas Gerais Co.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA10.487.627.215.306.262.912.37
Change37.46 %5.79 %36.10 %-15.45 %115.21 %22.81 %198.25 %
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FY Chart of Return On Asset of Energy of Minas Gerais Co.


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