Return On Asset ratio Analysis of Durect Corporation - Deep Dive


Latest FY ROA
Period Ending - Dec-23

-81.11


Very Poor ROA
Period Ending - Dec-22
-58.79

Very Poor ROA
Growth
-37.96 %
Trailing Twelve Months ROA
Period Ending - Dec-23

-47.87


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

-21.10


Very Poor ROA
ROA Analysis of Durect Corporation
ROA Ratio of Durect Corporation with value of -47.87 means poor return on Assets in trailing twelve months.
ROA Ratio of Durect Corporation with value of -21.10 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of DRRX drastically fell by -37.96 % this year.
ROA Ratio with value of -0.769 was highest in Year Dec-20 in last Five Years.
ROA Ratio of DRRX trending down for at least three Years.
Latest ROA Ratio with value of -81.11 is lower than Average ROA of -40.80 in last five years.
ROA of Durect Corporation is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of DRRX that may interest you.
Durect Corporation Overview
CodePricePrevious PricePrice ChangeSector
DRRX1.711.35 26.67 % Drug Manufacturers-Specialty & Generic
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 Durect Corporation
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA-81.11-58.79-39.42-0.769-23.92-50.65-6.96
Change-37.96 %-49.13 %-5023.67 %96.78 %52.76 %-627.99 %91.83 %
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FY Chart of Return On Asset of Durect Corporation


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