Return On Asset ratio Analysis of Euroseas Ltd - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Excellent ROA
25.94
Period Ending - Dec-22
Excellent ROA
32.33
Growth
-19.77 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Excellent ROA
27.44
Most recent Quarter ROA
Period Ending - Mar-24
Excellent ROA
5.82
ROA Analysis of Euroseas Ltd
ROA Ratio of Euroseas Ltd with value of 27.44 means good return on Assets in trailing twelve months. |
ROA Ratio of ESEA has fallen by -19.77 % Compared to previous Financial Year. |
ROA Ratio with value of 32.33 was highest in Year Dec-22 in last Five Years. |
ROA Ratio with value of -1.33 was lowest in Year Dec-19 in last Five Years. |
Latest ROA Ratio with value of 25.94 is Greater than Average ROA of 15.99 in last five years. |
Other ROA Related Info of ESEA that may interest you.
Euroseas Ltd Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ESEA | 38.62 | 39.34 | 1.83 % | Marine Shipping |
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
Good Profitability |
FY - Historical Return On Asset of Euroseas Ltd
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 25.94 | 32.33 | 19.36 | 3.65 | -1.33 | -0.163 | -3.75 |
Change | -19.77 % | 67.04 % | 429.65 % | 375.54 % | -715.57 % | 95.67 % | 87.80 % |
FY Chart of Return On Asset of Euroseas Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)