Return On Asset ratio Analysis of Galecto Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Very Poor ROA
-120.18
Period Ending - Dec-22
Very Poor ROA
-84.20
Growth
-42.74 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-64.28
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-16.86
ROA Analysis of Galecto Inc
| ROA Ratio of Galecto Inc with value of -64.28 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Galecto Inc with value of -16.86 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of GLTO drastically fell by -42.74 % this year. |
| ROA Ratio with value of -20.30 was highest in Year Dec-20 in last Five Years. |
| ROA Ratio of GLTO trending down for at least three Years. |
| Latest ROA Ratio with value of -120.18 is lower than Average ROA of -66.30 in last five years. |
| ROA of Galecto Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of GLTO that may interest you.
Galecto Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GLTO | 0.608 | 0.61 | 0.328 % | Biotechnology |
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 Galecto Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
|---|---|---|---|---|---|---|
| ROA | -120.18 | -84.20 | -42.35 | -20.30 | -64.49 | -45.21 |
| Change | -42.74 % | -98.84 % | -108.58 % | 68.52 % | -42.66 % |
FY Chart of Return On Asset of Galecto Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)