Return On Asset ratio Analysis of Grocery Outlet HLDG Corp. - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Not Good ROA
2.74
Period Ending - Dec-22
Not Good ROA
2.35
Growth
16.56 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Not Good ROA
2.24
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-0.0345
ROA Analysis of Grocery Outlet HLDG Corp.
ROA Ratio of GO has grown by 16.56 % Compared to previous Financial Year. |
ROA Ratio with value of 4.29 was highest in Year Dec-20 in last Five Years. |
ROA Ratio with value of 0.706 was lowest in Year Dec-19 in last Five Years. |
Latest ROA Ratio with value of 2.74 is Greater than Average ROA of 2.48 in last five years. |
ROA of Grocery Outlet HLDG Corp. is negative because of negative Income in Quarterly result ended on Mar-24. |
Other ROA Related Info of GO that may interest you.
Grocery Outlet HLDG Corp. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
GO | 20.65 | 20.52 | 0.634 % | Grocery Stores |
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 Return On Asset Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROARatio.jpg)
ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Asset of Grocery Outlet HLDG Corp.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 2.74 | 2.35 | 2.33 | 4.29 | 0.706 | 1.15 | 1.56 |
Change | 16.56 % | 0.537 % | -45.64 % | 508.53 % | -38.78 % | -26.27 % |
FY Chart of Return On Asset of Grocery Outlet HLDG Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)