Return On Asset ratio Analysis of Methode Electronics Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - May-23
Not Good ROA
4.88
Period Ending - May-22
Indecisive ROA
7.36
Growth
-33.64 %
Trailing Twelve Months ROA
Period Ending - May-23
Very Poor ROA
-6.73
Most recent Quarter ROA
Period Ending - Feb-24
Very Poor ROA
-1.35
ROA Analysis of Methode Electronics Inc
| ROA Ratio of Methode Electronics Inc with value of -6.73 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Methode Electronics Inc with value of -1.35 means poor return on Assets in latest Quarter ending on Feb-24. |
| ROA Ratio of MEI drastically fell by -33.64 % this year. |
| ROA Ratio with value of 9.00 was highest in Year May-20 in last Five Years. |
| ROA Ratio of MEI trending down for at least three Years. |
| Latest ROA Ratio with value of 4.88 is lower than Average ROA of 7.40 in last five years. |
| ROA of Methode Electronics Inc is negative because of negative Income in Trailing Twelve Months ended on Feb-24. |
Other ROA Related Info of MEI that may interest you.
Methode Electronics Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MEI | 11.78 | 11.84 | 0.507 % | Electronic Components |
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 Methode Electronics Inc
| Period | May-23 | May-22 | May-21 | May-20 | May-19 | May-18 | May-17 |
|---|---|---|---|---|---|---|---|
| ROA | 4.88 | 7.36 | 8.34 | 9.00 | 7.44 | 6.25 | 13.20 |
| Change | -33.64 % | -11.75 % | -7.40 % | 21.06 % | 19.08 % | -52.67 % | 2.31 % |
FY Chart of Return On Asset of Methode Electronics Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)