Return On Asset ratio Analysis of Forian Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Good ROA
10.46
Period Ending - Dec-22
Very Poor ROA
-56.15
Growth
118.63 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Indecisive ROA
5.93
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-2.11
ROA Analysis of Forian Inc
ROA Ratio of FORA rose handsomely by 118.63 % this year. |
ROA Ratio with value of 10.46 was highest in Year Dec-23 in last Five Years. |
ROA Ratio with value of -719.84 was lowest in Year Dec-19 in last Five Years. |
Latest ROA Ratio with value of 10.46 is Greater than Average ROA of -170.38 in last five years. |
ROA of Forian Inc is negative because of negative Income in Quarterly result ended on Mar-24. |
Other ROA Related Info of FORA that may interest you.
Forian Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
FORA | 2.59 | 2.64 | 1.89 % | Health Information Services |
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 Forian Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
---|---|---|---|---|---|
ROA | 10.46 | -56.15 | -46.71 | -39.67 | -719.84 |
Change | 118.63 % | -20.20 % | -17.75 % | 94.49 % |
FY Chart of Return On Asset of Forian Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)