Return On Asset ratio Analysis of DraftKings Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Very Poor ROA
-25.35
Period Ending - Dec-22
Very Poor ROA
-34.11
Growth
25.66 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-14.45
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-3.75
ROA Analysis of DraftKings Inc
| ROA Ratio of DraftKings Inc with value of -14.45 means poor return on Assets in trailing twelve months. |
| ROA Ratio of DraftKings Inc with value of -3.75 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of DKNG rose handsomely by 25.66 % this year. |
| ROA Ratio with value of -24.55 was highest in Year Dec-20 in last Five Years. |
| ROA Ratio with value of -43.16 was lowest in Year Dec-19 in last Five Years. |
| Latest ROA Ratio with value of -25.35 is Greater than Average ROA of -32.92 in last five years. |
| ROA of DraftKings Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of DKNG that may interest you.
DraftKings Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| DKNG | 35.13 | 35.82 | 1.93 % | Gambling |
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
| Poor Profitability Stock | |
FY - Historical Return On Asset of DraftKings Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | -25.35 | -34.11 | -37.43 | -24.55 | -43.16 | -25.46 | 0 |
| Change | 25.66 % | 8.89 % | -52.49 % | 43.12 % | -69.52 % |
FY Chart of Return On Asset of DraftKings Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)