Return On Asset ratio Analysis of CTS Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Indecisive ROA
8.12
Period Ending - Dec-22
Indecisive ROA
7.96
Growth
1.97 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Indecisive ROA
7.14
Most recent Quarter ROA
Period Ending - Mar-24
Indecisive ROA
1.52
ROA Analysis of CTS Corporation
| ROA Ratio of CTS has grown by 1.97 % Compared to previous Financial Year. |
| ROA Ratio with value of 8.12 was highest in Year Dec-23 in last Five Years. |
| ROA Ratio with value of -6.30 was lowest in Year Dec-21 in last Five Years. |
| Latest ROA Ratio with value of 8.12 is Greater than Average ROA of 4.19 in last five years. |
Other ROA Related Info of CTS that may interest you.
CTS Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CTS | 50.87 | 50.43 | 0.872 % | Electronic Components |
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
| Very Low Profitability Stock | |
FY - Historical Return On Asset of CTS Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 8.12 | 7.96 | -6.30 | 5.54 | 5.62 | 8.49 | 2.68 |
| Change | 1.97 % | 226.32 % | -213.72 % | -1.39 % | -33.79 % | 216.99 % | -59.69 % |
FY Chart of Return On Asset of CTS Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)