Return On Asset ratio Analysis of Infinite Group Inc. - Deep Dive
Latest FY ROA
Period Ending - Dec-22
Very Poor ROA
-213.79
Period Ending - Dec-21
Very Poor ROA
-101.03
Growth
-111.60 %
Trailing Twelve Months ROA
Period Ending - Dec-22
Excellent ROA
39.87
Most recent Quarter ROA
Period Ending - Sep-23
Excellent ROA
38.46
ROA Analysis of Infinite Group Inc.
ROA Ratio of Infinite Group Inc. with value of 39.87 means good return on Assets in trailing twelve months. |
ROA Ratio of Infinite Group Inc. with value of 38.46 means good return on Assets in latest Quarter ending on Sep-23. |
ROA Ratio of IMCI drastically fell by -111.60 % this year. |
ROA Ratio with value of 41.90 was highest in Year Dec-20 in last Five Years. |
ROA Ratio with value of -213.79 was lowest in Year Dec-22 in last Five Years. |
Latest ROA Ratio with value of -213.79 is lower than Average ROA of -51.30 in last five years. |
ROA of Infinite Group Inc. is negative because of negative Income in FY ended on Dec-22. |
Other ROA Related Info of IMCI that may interest you.
Infinite Group Inc. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
IMCI | 0.005 | 0.0018 | 177.78 % | Information Technology 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 ..![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
Very Low Profitability Stock |
FY - Historical Return On Asset of Infinite Group Inc.
Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
---|---|---|---|---|---|---|---|
ROA | -213.79 | -101.03 | 41.90 | 5.35 | 11.07 | -12.88 | -73.52 |
Change | -111.60 % | -341.14 % | 683.29 % | -51.70 % | 185.99 % | 82.48 % | 65.79 % |
FY Chart of Return On Asset of Infinite Group Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)