Return On Asset ratio Analysis of Meta Materials Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Very Poor ROA
-608.87
Period Ending - Dec-22
Very Poor ROA
-19344.28
Growth
96.85 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-256.48
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-16.20
ROA Analysis of Meta Materials Inc
| ROA Ratio of Meta Materials Inc with value of -256.48 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Meta Materials Inc with value of -16.20 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of MMAT rose handsomely by 96.85 % this year. |
| ROA Ratio with value of -20.64 was highest in Year Dec-19 in last Five Years. |
| ROA Ratio with value of -21358.56 was lowest in Year Dec-21 in last Five Years. |
| Latest ROA Ratio with value of -608.87 is Greater than Average ROA of -8289.16 in last five years. |
| ROA of Meta Materials Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months. |
Other ROA Related Info of MMAT that may interest you.
Meta Materials Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MMAT | 0.0001 | 0 | % | 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 Meta Materials Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | -608.87 | -19344.28 | -21358.56 | -113.48 | -20.64 | -16.58 | 6.47 |
| Change | 96.85 % | 9.43 % | -18722.07 % | -449.90 % | -24.50 % | -356.08 % | 110.01 % |
FY Chart of Return On Asset of Meta Materials Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)
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