Return On Asset ratio Analysis of Direct Digital Holdings Inc - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY ROA
Period Ending - Dec-23

6.70


Indecisive ROA
Period Ending - Dec-22
5.14

Indecisive ROA
Growth
30.41 %
Trailing Twelve Months ROA
Period Ending - Dec-23

5.18


Indecisive ROA
Most recent Quarter ROA
Period Ending - Dec-23

-1.78


Very Poor ROA
ROA Analysis of Direct Digital Holdings Inc
ROA Ratio of DRCT rose handsomely by 30.41 % this year.
ROA Ratio with value of 6.70 was highest in Year Dec-23 in last Five Years.
ROA Ratio with value of -20.93 was lowest in Year Dec-19 in last Five Years.
Latest ROA Ratio with value of 6.70 is Greater than Average ROA of -3.25 in last five years.
ROA of Direct Digital Holdings Inc is negative because of negative Income in Quarterly result ended on Dec-23.
Other ROA Related Info of DRCT that may interest you.
Direct Digital Holdings Inc Overview
CodePricePrevious PricePrice ChangeSector
DRCT3.393.39 0 % Advertising Agencies
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 Direct Digital Holdings Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
ROA6.705.14-4.19-2.96-20.93
Change30.41 %222.76 %-41.49 %85.86 %
FY Chart of Return On Asset of Direct Digital Holdings Inc


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